However, elevated debt balances, given increased consumer spending, suggest some Americans are under financial stress even ...

The dollar edged higher on Thursday on expectations the currency would be boosted next year by policies by the incoming ...

The map below aids in gauging inflation ... rate of inflation, with darker colors indicating higher inflation. Hover over a particular country to see its latest data, and, to view changes over ...

Fiscal excess and monetary complacency are incompatible; the Fed's rate cuts amid persistent inflation defy logic and risk ...

The average of a set of alternative and conventional inflation indicators are picking up on firmer reflation pressure. Click ...

Federal Reserve leaders are unified in their resolve to quash the worst bout of inflation in four decades. They just no ...

The Federal Reserve’s preferred inflation gauge moved slightly higher in November — but not as much as economists were ...

Consumer spending, which accounts for more than two-thirds of US economic activity, rose last month after a downwardly ...

The number of Americans filing new applications for jobless benefits dipped to the lowest in a month last week, consistent ...

Powell added that the Fed needs to take its time ... us with higher inflation than we’d hoped.” After a jumbo cut in September and a smaller one in November, officials have now lowered rates ...

Jerome Powell, the Fed chair, said that the central bank cut rates after each of its last three meetings because inflation ...

US stock markets fell sharply at the prospect of fewer cuts. The the S&P 500 closed down almost 3 per cent while the ...