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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 European Central Bank (ECB) is expected to hold off on further interest rate cuts until September, as rising trade ...
Central bankers who gathered in Portugal this week focused on ways that Europe could improve its competitiveness with the ...
The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite ...
The just-released minutes of the European Central Bank's June meeting show that most ECB members were concerned about a ...
Hiring surged in June as businesses navigated uncertainty surrounding President Donald Trump's tariffs, federal government ...
A number of policymakers at the European Central Bank considered leaving the key interest rate unchanged in June, while ultimately deciding to back an eighth cut. According to a record of the meeting ...
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Treasury Secretary Scott Bessent said Tuesday night that he thinks the Federal Reserve could cut interest rates by September or 'sooner' because of mild inflation thus far from President Trump’s ...
Despite falling interest rates and rising tariffs, US bond yields, a weakening dollar, and soaring gold signal foreign ...
Euro zone inflation is at risk of falling short of the ECB's target and there is a case for the bank to provide a mildly ...
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