Treasurer Jim Chalmers has boasted about Australia's inflation rate in comparison to the US as Federal Reserve chair Jerome Powell flags uncertainty.

Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...

The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...

Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation ...

Trump blamed the Federal Reserve for the "worst Inflation in the History of our Country" accusing the central bank of ...

The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy ...

Part of Powell’s reticence on the Fed’s path forward stems from the high degree of policy uncertainty. Most importantly, ...

The Federal Reserve expressed concern that inflation has not eased enough for it to continue lowering interest rates.

U.S. stock indexes slipped Wednesday after the Federal Reserve opted not to cut interest rates for the first time since it ...

The shadow treasurer has criticised the government for celebrating a fall in inflation when Australians are still feeling hip ...

In its first policy decision after Donald Trump’s return as the President of the United States and after three consecutive ...

The Federal Reserve on Wednesday opted to hold interest rates steady amid rising inflation, ending a streak of lowering rates ...