The US dollar index, or USDX, in simple terms, is the value of the US dollar relative to a basket of six peers. A fall in the ...

President Trump is considering selecting and announcing a replacement for Federal Reserve Chair Jerome Powell by September or ...

Gold edged higher on Thursday, supported by a weaker dollar and growing uncertainty after reports suggested U.S. President ...

The dollar fell on speculation US interest-rate cuts may come sooner and go further than currently priced into markets as ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

Federal Reserve Chair Jerome Powell said the central bank is taking a more cautious approach to the effects of President ...

Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...

U.S. stocks have recovered nearly all the losses from April’s lows with the S&P 500 and Nasdaq Composite just shy of new ...

The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...

President Donald Trump said he has three or four people in mind to succeed Federal Reserve Chair Jerome Powell when his term ...

Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...

During a second day of testimony on Capitol Hill, Federal Reserve Chair Jerome Powell said the central bank is reviewing the ...