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

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

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

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 ...

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.

Robust US jobs data prompted bond traders to extinguish bets of a Fed rate cut this month, while the chance of a Reserve Bank ...

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

Amid geopolitical uncertainty and fiscal concerns, a fixed income expert says bond yields in the U.S. and Canada have rallied ...

Donald Trump loves the US and wants Americans to succeed. To those who hate the US or want it to be subservient to a larger ...

The new budget bill is a plan for large tax cuts, which will mostly benefit higher earners, combined with cuts to social ...

The Department of Labor reported the number of Americans remaining on unemployment benefits multiple times rose to its ...

Employers across the U.S. added 147,000 jobs in June, with the labor market remaining resilient despite slowing economic ...