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A dose of reality dragged those expectations back down to earth on Thursday when payroll data showed the US economy added 147,000 jobs in June and the unemployment rate ticked down to 4.1 per cent.
The Fed just provided over $11B in 1-day liquidity to the overnight repo market. Read the implications for the banking system ...
Despite mounting pressure from President Donald Trump, Federal Reserve Chair Jerome Powell has maintained that it’s prudent ...
Federal Reserve Board Chairman Jerome Powell stated over the past few months that interest rates should not be lowered, as ...
Financial markets are betting the Federal Reserve sticks to its "wait and see" approach to interest rates this summer, but that by September it will have waited and seen enough to start cutting ...
SPDR Portfolio S&P 600 Small Cap ETF's small-cap focus faces risks amid macro challenges and interest rate sensitivity. See ...
Gold remained on track for a weekly gain despite falling on Thursday, as investors weighed lower odds for Federal Reserve ...
U.S. stocks climbed further into record heights on Thursday after a report showed the U.S. job market looks stronger than ...
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.
The unemployment rate ticked down to 4.1 percent, according to a jobs report released Thursday by the Labor Department, ...
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 ...