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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 ...
Federal Reserve Board Chairman Jerome Powell stated over the past few months that interest rates should not be lowered, as ...
Whispers of stagflation, that dreaded mix of rising prices and sluggish growth, are getting louder. And this time, it’s not ...
Donald Trump’s ever-changing tariff agenda has caused months of deep uncertainty for global markets and businesses.
The Department of Labor reported the number of Americans remaining on unemployment benefits multiple times rose to its ...
The likelihood of a Fed rate cut drops below 5%, impacting crypto markets while Bitcoin may benefit from rising debt and inflation.
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.
Treasury Secretary Scott Bessent didn't rule out becoming the next Federal Reserve chair when asked about a potential dual ...
Employers across the U.S. added 147,000 jobs in June, with the labor market remaining resilient despite slowing economic ...