The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.

Federal Reserve officials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by ...

The US Federal Reserve has lowered the 2025 GDP estimate to 1.4% from 1.7%. On the other hand, it has lifted inflation from 2 ...

Federal Reserve officials left interest rates unchanged and continued to pencil in two rate cuts in 2025, saying uncertainty ...

The Fed is expected to keep rates steady again Wednesday, with attention turning to its forecast for 2025 interest rate cuts amid cooling inflation.

The Australian Dollar (AUD) is gaining ground against the US Dollar (USD) on Wednesday, supported by a softer Greenback as ...

Central bank policymakers are widely expected to hold interest rates are their target range of 4.25% to 4.5% — where they ...

"Recent Fed commentary has reinforced a wait-and-see approach, with officials signaling little urgency to adjust policy amid ...

A Fed cutting rates quicker than most G10 peers, subdued U.S. economic trends and reduced trade tensions should all contribute to a weaker dollar in the next few quarters. However, we continue to ...

The Federal Reserve is likely to continue waiting for more clarity on the effects of tariffs, taxes and other policies before ...

The Federal Reserve is expected to keep interest rates unchanged on Wednesday as its policymakers assess signs of a cooling ...

Bitcoin remains resilient as investors await Fed meeting impact on monetary policy and the market's interest rate ...