The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.

European markets closed slightly higher on Wednesday as global markets assessed the latest inflation reading out of the U.S.

A Fed interest rate cut won’t be coming until at least September, if at all this year, following a troubling inflation report ...

U.S. Federal Reserve Chair Jerome Powell walks to testifying before a Senate Banking, Housing and Urban Affairs Committee ...

Federal Reserve Chair Jerome Powell repeated on Wednesday that the central bank is in no rush to cut interest rates during a ...

Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump's calls for lower interest rates won't lead ...

Tuesday saw the GBP/USD shake off its near-term bearish momentum, cutting off a three-day losing streak and recovering some ...

If XAU/USD clears the $2,900 mark, key resistance is at a record high, followed by the psychological price levels of $2,950 ...

SHARES edged higher as traders parsed the latest earnings news and looked forward to a key US inflation print later for clues on the outlook for interest-rate cuts. Europe’s Stoxx 600 posted modest ...

Shares edged higher as traders parsed the latest earnings news and looked forward to a key US inflation print later for clues on the outlook for interest-rate cuts.

Stocks got hit and bond yields surged as hot inflation data spurred bets the Federal Reserve won’t have much room to cut rates this year.

The US 10-year yield was little changed around 4.62% early Thursday, while Australian and New Zealand yields advanced ...