Since August last year, the Fed has paused the federal funds rate at a target range of 5.25% to 5.5%. After 11 interest rate ...
The US economy added 272,000 jobs in May, according to Labor Department data released Friday. The unemployment rate rose to 4 ...
The move marks the beginning of a new phase for the global fight against inflation.
The 272,000 jobs added in May exceeded all 77 estimates collected by Bloomberg.
A better-than-expected jobs report on Friday displayed the resilient strength of the U.S. economy, even after years of high ...
Canada cut its interest rate for the first time in four years Wednesday, becoming the first of the Group of Seven economies ...
The quarter-point reduction comes as inflation in the eurozone cools, prompting the E.C.B. to move before the Federal Reserve ...
The European Central Bank is all but certain to cut interest rates from record highs on Thursday and acknowledge it has made ...
The European Central Bank cut interest rates Thursday, moving before the US Federal Reserve and the Bank of England to lower ...