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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.
Donald Trump’s ever-changing tariff agenda has caused months of deep uncertainty for global markets and businesses.
The Big Beautiful Bill passed in the US Congress, putting even more pressure on the fiscal outlook and thus longer-dated USTs ...
An unprecedented heatwave has hit parts of Europe, with Spain, England, France, and Italy seeing record temperatures for this ...
The link between heat and key economic indicators such as inflation and gross domestic product is too important to ignore, ...
The latest labor market data reinforces the central bank’s wait-and-see approach to lowering borrowing costs, despite ...
The just-released minutes of the European Central Bank's June meeting show that most ECB members were concerned about a ...
BERLIN (Reuters) -The risk of inflation is pointing downwards rather than upwards, Belgium's central bank governor, Pierre ...
Hiring surged in June as businesses navigated uncertainty surrounding President Donald Trump's tariffs, federal government ...
Job growth was better than expected in June, and unemployment unexpectedly declined.
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Treasury Secretary Scott Bessent said Tuesday night that he thinks the Federal Reserve could cut interest rates by September or 'sooner' because of mild inflation thus far from President Trump’s ...