The figure for June marks the fastest rate of inflation, which measures how quickly prices are rising, since January 2024.

UK inflation rates rose by more than expected last month. The headline rate rose to 3.6% from 3.4%, expectations were for ...

Trump says he considered firing Fed Chair Powell, sending stocks on a sharp ride before markets closed higher amid interest rate hopes.

WASHINGTON-President Trump denied that he was planning an attempt to fire Federal Reserve Chair Jerome Powell after polling Republican lawmakers during a closed-door meeting about whether he should ...

Once again, President Donald Trump demonstrated his power to shake up global financial markets. This time, by returning to ...

Rising fuel and food costs behind surprise rise - Latest on UK figures data plus stock markets updates, business and money ...

A dramatic day on Wednesday ended with Wall Street in the green and the dollar and short-dated Treasury yields lower, ...

The reaction in major asset classes may convince the administration that firing Powell will not prove to be a panacea for the ...

Only Canada and China have retaliated against the Trump administration’s tariff war as the US reaps billions in extra customs ...

Speculation about the fate of Federal Reserve Chair Jerome Powell set off a short-lived tempest in financial markets ...