Key Takeaways The Federal Reserve has held its key interest rate steady this year due to uncertainty about the economic ...

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

The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...

Treasury Secretary Scott Bessent questioned Federal Reserve policymakers’ judgment on interest rates, reiterating his view ...

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

Federal Reserve Board Chairman Jerome Powell stated over the past few months that interest rates should not be lowered, as ...

The Labor Department reported Thursday that the US economy added 147,000 jobs in June, beating the 110,000 gain forecast by ...

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

The economy added 147,000 nonfarm payroll jobs last month, topping the Dow Jones consensus of 110,000, according to the US ...

If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...

Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.

Knightley said the Fed is mainly focused on inflation right now, and monthly inflation needs to stay below 0.17% to keep the ...