Interest rate remains set at 4.5 per cent but there are still expectations of cuts this year

President Donald Trump is encouraging the central bank to cut interest rates as a backstop for his tariff plans.

SOUTHFIELD, Mich., March 20, 2025 /PRNewswire/ -- Amsted Automotive leverages its global automotive manufacturing capabilities to maximize e...

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President Donald Trump pronounced April 2, when his administration plans to more than double the tariffs it’s imposed already, “a Liberation...

U.S. President Donald Trump said India will be hit by like-for-like duties from April 2, even as officials in New Delhi scurry to appease Wa...

His use of the word "transitory” was surprising because the Fed employed the same word when inflation exploded following the onset of COVID-...

US President Donald Trump anticipates that India will likely reduce its tariffs on American goods after recognizing the imbalanced trade bar...

WASHINGTON: President Donald Trump urged the US Federal Reserve on Wednesday to cut interest rates to help offset effects of his tariffs, re...

Federal Reserve comments from Trump on his social media account:"The Fed would be MUCH better off CUTTING RATES as U.S.Tariffs start to tran...

Chinese top officials have pledged to ramp up monetary easing measures, including interest rate cuts "at appropriate times."

Jamie Dimon, CEO of JPMorgan Chase, the nation’s largest bank, says the economy is still in the soft landing phase, “but there’s a lot of tu...

Fed officials see inflation moving up this year more rapidly than previously expected, but they also expect the trend to be short-lived.

WASHINGTON — The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice...

Tariffs took center stage during the news conference with Jerome H. Powell, the Fed chair, on Wednesday.