Presidents can control monetary policy even without replacing the Fed chair, Benn Steil writes in a commentary essay.

The dollar today fell back from Wednesday’s 4-month high on profit-taking ahead of the FOMC meeting results later this afternoon when the Fed is expected to cut the fed funds target range by -25 bp.

The Federal Reserve’s policy rate range was cut by 25bps as widely expected. The duck-and-weave tone of most of the press ...

“With less room to maneuver, monetary policymakers need to be more prepared for winds and waves that could push us off course ...

This week, the Federal Open Market Committee (FOMC) — a division of the Federal Reserve responsible for setting monetary policy — met once again to evaluate the health of the economy and make ...

CPI inflation rose to 2.6% in October, higher than the 2.4% in September, though in line with projections. There is an ...

Since its inception in 1976, Bankrate has been the top source for information on interest rates and the Federal Reserve. With ...

But neutral is a theoretical idea, not a specific level." “Financial markets fully anticipated this rate cut, and the FOMC’s statement provides no new information regarding the likelihood of ...

Markets are already predicting a 0.25% cut, but the Federal Open Market Committee (FOMC) gatherings can nonetheless spark crypto and risk-asset volatility in their own right. This comes chiefly ...

Key among them is a 1933 amendment that created the Federal Open Market Committee — or the FOMC — within the Federal Reserve, as well as a 1977 amendment establishing what's referred to as the ...

KUALA LUMPUR: The ringgit opened at the 4.38 level against the US dollar on Friday after the United States Federal Reserve ...

Market Overview Analysis by Capital.com (Daniela Hathorn) covering: British Pound Sterling US Dollar, US Dollar Index Futures ...