A still-dovish Fed gives the RBA some breathing room at its meeting next week but the board is likely to acknowledge that ...

The central bank has emphasised inflation remained stubbornly high and repeated interest rate cuts will have to wait until policymakers are confident enough it will move sustainably towards their 2% ...

The U.S. labor market exhibited a notable cooldown in April, with both hiring and wage growth decelerating unexpectedly. According to the latest data from the Bureau of Labor Statistics, the economy ...

He noted that the pace of wage gains has substantially moderated, although the descent has been a little bumpy ... Powell was ...

After two days of losses, the US market was back to its winning ways overnight led by Apple ( NASDAQ: AAPL), which posted ...

After two days of losses, the US market was back to its winning ways overnight led by Apple, which posted ...

Chair Jerome Powell played down the likelihood of an interest-rate hike, bringing relief to investors worried that recent ...

Most people hate being stuck on hold. For Federal Reserve officials so far in 2024, “on hold” is exactly where they would ...

As of March, the number of employed foreign-born workers set a fresh record high of 31.1 million people, BLS data showed. The ...

ASIAN stocks and US futures rose on Thursday after the Federal Reserve downplayed risks of an interest rate hike, while the yen was bumpy after another burst of suspected intervention from Japan. Read ...

Asian stocks got off to a shaky start on Thursday after the Federal Reserve flagged delays to interest rate cuts, while the ...

WE'VE SEEN PRETTY CONSISTENT PROGRESS ON SLOWING WAGE GROWTH, BUT BUMPY. FED'S POWELL: IF WAGE INCREASES RUN HIGHER THAN ...