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

The likelihood of a Fed rate cut drops below 5%, impacting crypto markets while Bitcoin may benefit from rising debt and inflation.

While the US stock market has fully recovered from a spring rout, the relentless drop in the dollar is prompting currency ...

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

The Federal Reserve is likely to resume lowering interest rates in September, but it won't be an easy call for the central bankers, economists said Thursday in the wake of the June jobs report.

U.S. stocks climbed further into record heights after a report showed the U.S. job market looks stronger than Wall Street expected. The S&P 500 rose 0.8% Thursday and set an ...

June's job growth was hailed in the media as proof of a strong economy. Except there's a problem: fully half of these new ...

The latest jobs data came in way better than expected. That emphatically confirmed the wisdom of Fed chief Jerome Powell and the other 11 members of the Federal Open Market Committee. Powell and his ...

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

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

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

U.S. employers added 147,000 jobs in June as the unemployment rate dipped to 4.1%. Job gains were concentrated in health care ...