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America’s economy has shown “marked improvement” since the coronavirus pandemic drove it into recession, but the path ahead remains uncertain and the US central bank will do more if needed,...
Global equity markets and gold slumped, while the dollar eased on Thursday after the Federal Reserve reminded investors of the long slog ahead for a full recovery that was reinforced...
The US central bank rolled out a major policy change on Thursday that gives greater weight to its mission of maximising employment to benefit lower income families, while ratcheting back...
Federal Reserve Chair Jerome Powell told Congress that the US economy is in a good place, even as he cited the potential threat from the coronavirus in China and concerns...
World shares slipped off 21-month highs on Wednesday as the prospect of a US interest rate cut was offset by reports a Sino-US trade deal may be delayed, but a...
US underlying consumer prices increased solidly in August, leading to the largest annual gain in a year, but rising inflation is unlikely to deter the Federal Reserve from cutting interest...
It has become a jarring and frequent contradiction. President Donald Trump blames the Federal Reserve for putting the US economy at risk while data shows an economy in “reasonably good”...
Brian Chappatta, Tribune News Service Who said it? “A small rate cut is not enough, but we will win anyway!” The answer, technically, is President Donald Trump, who again...
For the first time since the Great Recession a decade ago, the US Federal Reserve is poised to cut interest rates, shoring up America’s defenses as the global economy weakens....
Global stocks rose on Friday after a top Federal Reserve official cemented expectations of a US interest rate cut later this month, fuelling appetite for riskier assets and keeping a...
