It was the Fed’s first rate cut in four years after a series of rate hikes in 2022 and 2023 pushed the federal funds rate to...
US inflation last month likely reached its lowest point since February 2021. Photo: pexels 4 min read Last Updated : Oct 10 2024 | 12:24 PM...
The economy grew at a 3.0 per cent pace in the April-June quarter. | Photo: pexels 1 min read Last Updated : Oct 08 2024 |...
WASHINGTON — America’s employers added a surprisingly strong 254,000 jobs in September, the latest evidence that the U.S. labor market is still solid enough to support...
Representational | (Photo: Shutterstock) 4 min read Last Updated : Oct 01 2024 | 2:06 PM IST Dockworkers on the US East Coast and Gulf...
Federal Reserve chair Jerome Powell said Monday that the United States is set to see inflation cool further towards policymakers’ target, with interest rates likely to...
Progress on housing inflation has been “sluggish,” the Fed chief said. | File Photo 3 min read Last Updated : Sep 30 2024 | 11:44 PM...
In a recent interview with The Times of India, Jamie Dimon, CEO of JP Morgan, addressed the complexities of the global economy, noting that while inflation...
The US Federal Reserve announced its sixth policy decision for 2024 on Wednesday, September 18, after a two-day Federal Open Market Committee (FOMC) meeting. For the...
US Fed Meeting Live Updates: The US Federal Reserve announced its sixth policy decision for 2024 on September 18 after a two-day Federal Open Market Committee...
US economy added 142,000 jobs in August A U.S. jobs report shows 142,000 jobs were added in August; this comes two weeks before a key Federal...
The paper suggests, for example, that when labor markets are loose, policymakers can continue to regard supply shocks as of less consequence to underlying inflation and...