While the central bank is slowing its rate increases, Jerome Powell told investors not to expect lower rates this year.

#federalreserve #yahoofinance #interestrates Fitz-Gerald Group Principal Keith Fitz-Gerald and Jake Jolly, BNY Mellon Investment Management Senior Investment...

Watch live coverage of a news conference with Federal Reserve Chairman Jerome Powell.

This is Day 162 of Russia's 7 day special limited military operation in Ukraine. The price of oil has fallen to $88 a barrel and the amount of money Russia is bringing in to fight their war is collapsing. If oil can go back under $60 a barrel, then the...

China’s massive trade surplus helped to offset capital outflows in the first half of the year, anchoring its balance of payments even as the Federal Reserve’s aggressive interest rate hikes fuel outflows from developed and emerging markets alike.

In recent months, the Federal Reserve made avoidable mistakes that fueled inflation. That's the view of a range of economists and policymakers, including some voting members of the Federal Open Market Committee. In the spring, some FOMC members called for...