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In Asia, a busy week of central bank decisions and key inflation data lies ahead. Monetary policy decisions will be in focus in Australia, New Zealand, South Korea, Malaysia and Thailand, while fresh ...
Despite mounting pressure from President Donald Trump, Federal Reserve Chair Jerome Powell has maintained that it’s prudent ...
Federal Reserve Board Chairman Jerome Powell stated over the past few months that interest rates should not be lowered, as ...
Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.
Employers across the U.S. added 147,000 jobs in June, with the labor market remaining resilient despite slowing economic ...
The Federal Reserve is likely to resume lowering interest rates in September, but it won’t be an easy call for the central ...
June‘s job growth was hailed in the media as proof of a strong economy. Except there‘s a problem: fully half of these new ...
The latest jobs data came in way better than expected. That emphatically confirmed the wisdom of Fed chief Jerome Powell and the other 11 members of the Federal Open Market Committee. Powell and his ...
If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...
The odds of a rate cut at the Federal Reserve’s next meeting evaporated after a resilient jobs report for the month of June ...
The U.S. dollar rose against major currencies, including the yen, euro and Swiss franc on Thursday, after data showing the ...
The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite ...
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