The Waller speech comes as President Donald Trump intensifies pressure on the Fed to lower borrowing costs. Japan's consumer inflation eased in June, a welcome development for central-bank ...

Gross co-founded Pacific Investment Management Co., or PIMCO, a top asset manager with $2 trillion under management. As the ...

Wall Street is hanging near its records following some better-than-expected updates on the economy and a mixed set of profit ...

It isn’t just the U.S. Other countries have also come to expect an independent U.S. central bank.

A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome ...

Federal Reserve Governor Christopher Waller on Thursday laid out the argument he is going to make in two weeks to his central bank colleagues - cut interest rates now because the labor market is ...

Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of its office complex in Washington complies ...

PepsiCo jumped 6.6% after delivering revenue and profit that topped Wall Street’s expectations. The drink and snack giant ...

What Happened in Markets Today The debate on the Fed continued. Former Federal Reserve governor Kevin Warsh, a potential nominee to succeed Fed Chair Jerome Powell, said on CNBC that the Fed should ...

Consumers' inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed's 2% ...