The US central bank is in no rush to slash interest rates any time soon, Federal Reserve Chair Jerome Powell told lawmakers Tuesday.

The Fed chair is expected to deliver a simple message to lawmakers: Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.

“We now think the Fed’s cutting cycle is over. The risks for the next move are skewed toward a hike,” said Aditya Bhave, senior economist at BofA Global Research, one of the first Wall ...

The US Federal Reserve will unveil its first monetary policy decision for 2025 on today, January 29. This will be the US central bank's first policy verdict after Donald Trump took charge as the ...

The Federal Open Market Committee, better known as the Fed's interest-rate committee, began its two-day meeting this morning at 8:30 a.m. as scheduled, a Fed spokesperson said. Economists and ...

Since humans first abandoned their nomadic ways and started building permanent settlements, architecture has been a powerful tool for communicating authority and ideologies. Rulers across ...

WASHINGTON (Reuters) - At their last meeting in December, U.S. Federal Reserve officials were worried about inflation ... reason officials feel comfortable pausing rate cuts at least for now.

WASHINGTON (Reuters) - At their last meeting in December, U.S. Federal Reserve officials were worried ... comfortable pausing rate cuts at least for now.

The earlier action read a bit like some undergraduate architecture major had fed the prompt “Please write a 2,500-word screed against modern architecture” into ChatGPT. It prattled on about ...

Rich Hein/Sun-Times Share For decades, Donald Trump has left his mark on architecture by slapping his name onto the towers he builds as a real estate developer. But now, as president, Trump ...