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Surging prices for fuel, food and housing have sent US inflation to the highest in four decades.
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Surging prices for fuel, food and housing have sent US inflation to the highest in four decades.
US Jerome Powell told Congress it's "too early to say" whether Russia's invasion of Ukraine will change the plan to hike interest rates.
The impact of the conflict in Ukraine on the US economy is "highly uncertain," and the central bank will need to adjust quickly.
Top officials at the US Federal Reserve will be banned from holding individual stocks.
Instead, policymakers can "move steadily" to get the key lending rate off zero and back to more normal levels over the next year or...
Faced with stubbornly high inflation, US central bankers are considering an accelerated schedule for raising the benchmark borrowing rate.
Republicans in the US Senate on Tuesday boycotted a vote to confirm President Joe Biden’s nominees to lead the Federal Reserve, creating a potential...
The Federal Reserve needs to accelerate the pace of interest rate increases to fight inflation, but can do so in a way that doesn’t...
NATO’s outgoing leader Jens Stoltenberg will leave the alliance late this year after a diplomatic battle to hold it together against outside threats and...
NATO chief Jens Stoltenberg will take over as Norway’s central bank governor at the end of the year, officials said Friday, a controversial choice...