With inflation cooling and worries about the job market spreading, the central bank is expected to announce a long-awaited rate cut next week.

This weaker-than-expected reading means that the case for the US Fed to make cut rates faster has been bolstered. Bringing down interest rates faster would mean that the US FOMC would need to make big

Consumer Price Index inflation continued to cool, reaching a new three-year low. But signs of stubbornness lingered under the surface.

The Bank of England is widely expected to keep interest rates unchanged later Thursday despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than

Just getting close to 2% inflation without a recession would be victory enough to place Jerome Powell among the pantheon of central bankers.  Federal Reserve Chair Jerome Powell is overseeing the beginning of the end of the sharpest U.

Canada's annual inflation rate reached the central bank's 2% target in August, data showed on Tuesday, fuelling hopes for a 50-basis-point interest rate cut by the country's central bank next month. T

Former Federal Reserve Bank of Kansas City President and CEO Thomas Hoenig and MacroMavens' Stephanie Pomboy look ahead to the Federal Reserve's rate decision.