The Federal Reserve on Wednesday stuck to its forecast of two interest-rate cuts in 2025 despite seeing a burst of inflation ...

Higher interest rates lower inflation but reduce jobs. Lower interest rates lower unemployment rates but increase inflation.

Governor Andrew Bailey says "interest rates remain on a gradual downward path" but cautions "the world is highly ...

The Bank of Canada is likely to hold interest rates steady on Wednesday as policymakers consider whether a slowing economy means it’s time to end its historic campaign to tighten policy.