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.

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

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

Donald Trump loves the US and wants Americans to succeed. To those who hate the US or want it to be subservient to a larger ...

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

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 ...

If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...

This comes shortly after FHFA Director Bill Pulte called for Congress to investigate Federal Reserve Chair Jerome Powell for ...

The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite ...

Unexpectedly solid job gains in June bolstered the case for the Federal Reserve to keep interest rates on hold to keep ...