Interest Rates

Chicago Federal Reserve Bank President Austan Goolsbee speaks at the Council on Foreign Relations in New York, U.S., February 14, 2024. Staff | ReutersCHICAGO — The path to 2% inflation is "more difficult" in 2024, said Federal Reserve…

March's robust job gains may push the Federal Reserve into a more cautious stance regarding potential rate cuts, with conflicting signs emerging about the labor market's strength. After the Labor Department's nonfarm payrolls report…

They say the Melbourne Cup is the “race that stops a nation”. There is a public holiday in Victoria to celebrate it – and when the field of 24 horses jump from the barrier at 3pm on the first Tuesday in November, most of Australia is in…

Financial markets investors worry the U.S. is on the brink of an economic downturn as central bankers in Jackson Hole reaffirmed their determination to raise interest rates to bring inflation under control.  Steve…

Minneapolis CNN Business  —  The economy added 315,000 jobs in August, exceeding economists’ expectations but far below July’s blowout report, when employment surged by a…

Last Friday provided a split-screen view of the markets and the Federal Reserve.Fed Chairman Jerome Powell sought to tamp down some of the exuberance among investors that the central bank is done with raising interest rates and will…