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.

In Asia, a busy week of central bank decisions and key inflation data lies ahead. Monetary policy decisions will be in focus in Australia, New Zealand, South Korea, Malaysia and Thailand, while fresh ...

Despite mounting pressure from President Donald Trump, Federal Reserve Chair Jerome Powell has maintained that it’s prudent ...

A power struggle between Fed Chair Jerome Powell and housing officials could determine whether your next mortgage costs ...

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

Donald Trump’s ever-changing tariff agenda has caused months of deep uncertainty for global markets and businesses.

While the US stock market has fully recovered from a spring rout, the relentless drop in the dollar is prompting currency ...

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

The Federal Reserve is likely to resume lowering interest rates in September, but it won’t be an easy call for the central ...

U.S. stocks climbed further into record heights after a report showed the U.S. job market looks stronger than Wall Street ...

June's job growth was hailed in the media as proof of a strong economy. Except there's a problem: fully half of these new ...

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 ...