The new head of the US central bank said he is committed to lowering inflation. Read more at straitstimes.com. Read more at straitstimes.com.

The US Federal Reserve is set to hold its second meeting under new chairman Kevin Warsh starting Tuesday, with markets expecting policymakers to keep interest rates steady amid…

WASHINGTON July 26 — The US Federal Reserve is set to hold its second meeting under new chairman Kevin Warsh starting Tuesday, with markets expecting policymakers to keep...

The US Federal Reserve is expected to keep interest rates unchanged, with markets increasingly pricing in a September hike. Persistent inflation, geopolitical tensions, elevated…

Investors had largely expected that the Fed would hold interest rates steady, given ongoing concerns with high inflation.