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 ...

The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views ...

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 latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite ...

A dose of reality dragged those expectations back down to earth on Thursday when payroll data showed the US economy added 147,000 jobs in June and the unemployment rate ticked down to 4.1 per cent.

Unexpectedly solid job gains in June bolstered the case for the Federal Reserve to keep interest rates on hold to keep ...

This comes shortly after FHFA Director Bill Pulte called for Congress to investigate Federal Reserve Chair Jerome Powell for ...

The US dollar has dropped more than 10 per cent in the first half of 2025, marking its sharpest six-month decline since 1973, ...

The Department of Labor reported the number of Americans remaining on unemployment benefits multiple times rose to its ...

Robust US jobs data prompted bond traders to extinguish bets of a Fed rate cut this month, while the chance of a Reserve Bank ...