Hang Seng Index holds above key support amid US slowdown fears and weak EV sales. Can Beijing’s easing measures drive a ...

July jobs report misses expectations with 73K jobs added, unemployment at 4.25%. Click here for more information on U.S.

Federal Reserve officials left interest rates unchanged, despite rare dissent among policymakers. Fed Chair Jerome Powell ...

By contrast, analysts at BlackRock saythat if the Fed is serious about bringing inflation down close to its target of 2%, the economy will necessarily experience a recession. The chart below shows ...

“We’re not trying to induce a recession now, let’s be clear about that,” Powell told reporters after the policy-setting Federal Open Market Committee raised short term rates by 0.75%.

Inflation at that level would still exceed Fed’s target, suggesting that the central bank would have to raise rates even further. In December, Fed officials projected that higher rates would slow ...

U.S. central bank policymakers pushed back on Monday against the notion that weaker-than-expected July jobs data means the economy is in recessionary freefall, but also warned that the Federal Reserve ...

Rising US unemployment and hot inflation trigger stagflation fears, pressuring DAX stocks while futures gain on Fed rate cut bets.

Despite the current 3.5% unemployment rate, Fed staff at the central bank's March 21-22 policy meeting said they also anticipate a "mild recession" this year, while Bullard's colleagues have penciled ...

Three weeks ago, the US Federal Reserve’s first rate hike since June 2006 saw the gold price tumble to near six year lows. What has become a rule of thumb for some participants on the gold ...