Powell repeated his view Tuesday that U.S. inflation is likely to pick up later this summer, though he acknowledged that the timing and magnitude of any price increase from the duties is uncertain.

Top central bankers from the world’s largest economies convene on Tuesday in Sintra, Portugal, to discuss monetary policy as ...

MEXICO CITY (Reuters) -Remittances sent to Mexico dropped 4.6% in May compared to a year earlier, according to central bank ...

Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month. The remarks come amid a public pressure campaign from President Donald ...

European central bankers gathering in Portugal were greeted with some good news Tuesday: Inflation is back at its target. "We ...

The Fed hasn’t lowered interest rates at all this year: Central bankers broadly expect Trump’s tariffs to have some effect on ...

“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up ...

Live News From Sintra Summit ...

We do think the last cycle is done, bringing inflation down from the peak of 10[%], back to 2%, that element is over,” Philip ...

President Donald Trump on Monday continued hammering at the U.S. Federal Reserve to ease monetary policy, sending Fed Chair ...

The European Central Bank said it will respond in a “forceful or persistent” manner to big swings in inflation, reflecting the lessons learned from the postpandemic price surge in its latest strategy ...

Hyun Song Shin, the BIS's main economic adviser, also flagged the sharp fall in the dollar. It is down 10% since the start of ...