What a surprise spike in the unemployment rate means for interest rates and the economy The rate of unemployment in Australia ...

Financial markets widely expect the Federal Reserve to cut borrowing costs again later this month. Federal Reserve Chair ...

The Federal Reserve announced a highly anticipated interest rate cut Wednesday, a move indicating that concerns about a slowing labor market now outweigh ongoing worries about inflation. It's the ...

The Federal Reserve cut its benchmark interest rate for the first time this year, dropping it by a quarter point. The change could have an impact on many lending rates and the Fed suggested two more ...

Despite some fresh doubts about credit that banks addressed this week, the U.S. economy seems to be chugging along.

The Federal Reserve adjusts the federal funds interest rate to tackle certain economic conditions, such as inflation. On Sept ...

The Federal Reserve on Wednesday lowered its benchmark interest rate by 0.25 percentage points — its first cut since December — as the U.S. grapples with a stalling labor market and slower economic ...

The Federal Reserve will hold its next two-day policy meeting on Sept. 16 and 17. The Fed has yet to cut interest rates in 2025, but a deteriorating jobs market could force its hand next week. Further ...

Experts and business leaders have described yesterday’s benchmark interest rate cut of the Cental Bank of Nigeria (CBN) as a major step towards driving economic growth, boosting employment and ...

Economists had expected a slight increase in inflation, but consumer spending came in a little stronger than forecast.

The economy has weathered the first two weeks of the federal government shutdown without much change, but the effect will ...

Russia’s central bank cut its benchmark interest rate Friday by one percentage point to 17%, a step that could support the economy as growth slows and spending on the war against Ukraine increases the ...