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The Federal Reserve left interest rates at a two-decade high, but all the attention was on what it will do next.
Stocks skidded on Friday, capping off a turbulent week for Wall Street, as investors were jolted by data showing that hiring slowed and unemployment rose in...
Central bankers are preparing to cut interest rates, and are warily monitoring job data as they consider when and how much to lower them.
Job gains are lately being driven by the government, health care and assistance sectors, potentially masking broadly weaker hiring.
Central bankers are independent of the White House as they set interest rates. But the political cycle can put them under unwanted limelight.
Jerome H. Powell, the chair of the Federal Reserve, delivered optimistic remarks to Senators as inflation and the job market slow gently.
Cooling inflation in Europe and softening US economic data heightened expectations of rate cuts by central banks, fuelling a stock market rally on both sides of...
The economy remains solid, but many analysts say that the labor market is in a sensitive place.
The Federal Reserve for the first time tested major banks’ ability to withstand crisis scenarios — and the largest U.S. lenders stood tall.
The rate of inflation in May over the previous year.
