The Latest Breaking News from the Federal Reserve

The China central bank decided to keep its key policy rate steady amid concerns over the impact of Federal Reserve decisions on the global economy.

Christopher Waller, a senior official from the Federal Reserve, expresses confidence in the US dollar's continued dominance as the world's reserve currency...

A hot reading on inflation means interest rates will stay higher for a little longer.

The Labour Department's monthly inflation report indicates a slowing annual inflation rate of 3.1% in January, with shelter and food costs rising while ene...

Get the latest update on global market trends. European shares rise, while Asian markets are quiet due to holidays. US inflation data and Japan's GDP growt...

Business economists and analysts expect a low chance of a recession in the US this year, with concerns instead focused on external shocks and inflation sur...

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The revised US December CPI figures provide some relief for the Fed as it gives them a slightly wider margin in managing inflation concerns.