Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.

The president says he wants Opec and Saudi Arabia to bring down the price of oil which he says is fuelling the Russia-Ukraine war.

In an address to the World Economic Forum in Switzerland, delivered via video link Thursday, President Donald Trump revisited his displeasure with the policy direction of the U.S. Federal Reserve that surfaced during his first term in spite of having appointed the leader of the monetary body.

This uncertain outlook in oil markets could pose a challenge to Canada's economic stability, given its heavy reliance on oil exports. Falling crude prices threaten to widen Canada's trade deficit, which could weigh heavily on the Canadian dollar, already hovering at multi-year lows.

President Donald Trump on Thursday said he will call for a lowering of U.S. interest rates, exerting pressure on the Federal Reserve despite a longstanding norm of political independence at the central bank.

while OPEC output holds steady. This looming supply overhang could exacerbate the market’s oversupply, keeping prices in check. Federal Reserve and Dollar Strength Apply Additional Pressure The ...

The Federal Reserve on Wednesday will announce its latest decision setting the level of interest rates, just days after President Donald Trump called on the central bank to lower them. Investors widel

After three successive interest rate cuts, the Federal Reserve on Wednesday made no change in its benchmark lending rate amid new economic uncertainties over the outlook for inflation and President Trump's continued threats of new tariffs and other measures.

Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.

Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.”

The Bureau of Economic Analysis is set to release the first estimate of growth in inflation-adjusted fourth-quarter gross domestic product on Thursday at 8:30 a.m. Eastern. Economists surveyed by FactSet expect real GDP grew at a seasonally adjusted annual rate of 2.5% in the period, versus the 3.1% pace of growth set during the third quarter.