The Fed’s favoured inflation gauge rose 2.4% in the year through November, above its 2% target. Read more at straitstimes.com ...
Boston Fed President Susan Collins said Thursday a slower approach to adjusting interest rates is merited now as officials ...
Fed signals no imminent rate cuts, citing persistent inflation above 2%. Markets brace for steady rates, impacting gold, ...
US Federal Reserve (Fed) officials underscored significant economic uncertainties and persistent inflation risks, pointing to ...
A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.
The Labor Department estimates the economy added 256,000 jobs in December, indicating a resilient economy and labor market.
Also, Boston Fed President Susan Collins said a more gradual approach to adjusting interest rates is warranted now as officials face “considerable uncertainty” regarding the economic outlook. In ...
Friday's data is expected to show the economy added 160,000 jobs in December, with unemployment staying steady at 4.2% from ...
Equities fell Friday as traders prepared for the release of US jobs data that could play a key role in the Federal Reserve's decision-making on interest rates, with several officials indicating the ...