The European Central Bank is expected to start cutting interest rates in less than a month, while the Federal Reserve is on hold for some time. Even though Fed chair Jay Powell was not as hawkish as ...
The resilience of the US economy and stickiness of price pressures spurred a reassessment of the trajectory of Fed policy.
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 ...
The US economy added 175,000 new jobs and the unemployment rate rose to 3.9% last month, new data from the Bureau of Labor Statistics showed Friday. Wall Street economists had expected nonfarm ...
He noted that the pace of wage gains has substantially moderated, although the descent has been a little bumpy ... Powell was ...
Carstens: I go back to what I said. The Basel regime has been very good for the banks, for the system overall. Today the Gsifis (Global Systemically Important Financial Institutions) are strong, and ...
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 ...
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 ...