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

“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%.

Despite the Fed's optimistic forecast of 2.1% GDP growth and a 4% unemployment rate, Rosenberg sees officials' prediction of a sharp drop in the median federal funds rate as a recession indicator.

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

Following Friday's jobs report, the 10-year yield dipped slightly on Monday. As a result, mortgage rates have reached a new ...

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 ...

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 ...