Trump, via the Elon Musk-spearheaded Department of Government Efficiency, is in the process of gutting some federal agencies.
Across a number of metrics, the labor market looks remarkably stable even as it has cooled. Monthly jobs growth has stayed solid and the unemployment rate has barely budged from its current level of 4 ...
Economists are betting that 2025 kicked off with cooler levels of job growth. But overall stable labor conditions should keep ...
Economists are betting that 2025 kicked off with cooler levels of job growth. But overall stable labor conditions should keep ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
The Federal Reserve is expected to pause rate cuts at its January 29 meeting, maintaining rates between 4.25% and 4.5%.
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
He cited inflation running above the Fed's 2% target, the expanding economy and a "solid" U.S. labor market. Before cutting rates again, the central bank may need to see "a couple months of some ...
Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair ...