European Central Bank President Christine Lagarde slapped down on Thursday a suggestion by her Czech colleague Ales Michl to ...

WASHINGTON (Reuters) - U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at ...

In a week when AI chipmaker Nvidia suffered the biggest one-day loss of value on record and the Federal Reserve said it was ...

Consumer Stress Is on the Rise Rising auto repossessions and a growing rate of minimum credit card payments offer signs ...

GDP growth for Q4 2024 was 2.3%, below the 2.7% consensus estimate and our forecast range of 2.75% (+/-25 bps). Read more on ...

Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...

The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...

Meta Platforms, Tesla and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the ...

The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of ...

In Japan, the yen was last a touch stronger at 154.19 per dollar, having already climbed more than 1% for the week thus far.

The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.

The federal funds rate and mortgage interest rates are often expected to move together, but they haven’t lately. Here’s why.