Concerns about a weakening labor market may outweigh worries about rising inflation, tipping the Fed toward another rate cut, ...

Tackling soaring inflation in the US is the job of the Federal Reserve, the country’s central bank. The Fed has consistently made headlines in recent years due to its role in managing inflation ...

Roger J Kerr says global currency markets continue to “fly blind” due to the absence of up-to-date US economic data ...

In the game of investing bingo, “interest rates” are at the center of the card. Talk about the performance of this or that asset class, the health of the housing market, or the state of dealmaking, ...

Chair Jerome Powell spoke on Tuesday that the central bank’s three-year campaign to shrink its $6.6 trillion balance sheet ...

New single family home sales rose 20.5% in August to an annualised rate of 800,000 units, the US Census Bureau reported on Wednesday. It was the fastest pace since early 2022 and well above economists ...

The average rate on a 30-year U.S. mortgage declined again this week, easing to just above its lowest level this year.