We concluded that this was the right thing for the economy and the people we serve,” the Federal Reserve chair, Jerome Powell ...

Moscow redirected oil sales, but forging new routes for other commodities proves difficult amid high costs and U.S. sanctions ...

The Federal Reserve has cut its benchmark interest rate for the first time in more than four years, which will have ...

The market performed better if there wasn’t a subsequent recession or if the economy was already in recession during easing.

The market is celebrating the Fed's 50 basis point rate cut. Read why the potential benefits of the cut are already priced in ...

Prospects of a “soft landing,” where the Fed brings down inflation without pushing the economy into recession, have lifted ...

The big Fed cut alongside news of falling weekly jobless puts the 'soft landing' firmly on track and all stock indexes surged on Thursday - with new record highs for the S&P500 (.SPX) and the ...

E ach year China makes as much steel as the rest of the world combined. The vast scale of its output—around 1bn tonnes a year ...

Voters have a dismal outlook for income gains and purchasing power. And it's not just inflation that bothers them.

The dollar bounced, long-dated bond yields were up and Asian stocks mostly rose after the U.S. Federal Reserve began its ...

Two new reports have called for the National Health Service to be overhauled with the most drastic proposing it be scrapped ...

The federal funds rate is a benchmark that influences other interest rates throughout the economy. The Federal Reserve doesn't control the federal funds rate directly. Instead, it uses various ...