Economy is near full employment
St. Louis Fed President Alberto Musalem explained on Monday that he backed last week’s rate cut, describing it…
Summers Says Fed Policy On ‘Loose Side,’ Inflation Top Issue
Former Treasury Secretary Lawrence Summers said Federal Reserve policy is leaning toward being too slack, emphasizing that the…
US Fed Inflation Metric to Ease as Focus Shifts to Jobs Market
The Federal Reserve’s preferred gauge of underlying inflation likely grew at a slower pace last month, offering policymakers…
As U.S. jobs disappear, the Federal Reserve returns to rate cuts
It’s getting harder to find work in the United States. U.S. businesses added just 22,000 jobs from July…
Fed Cuts Rates Quarter Point, Signals Labor Market Concerns
Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more…
1 in 3 Americans have no emergency savings—while boomers’ $2,000 cushion dwarfs Gen Z’s $400
That’s according to a new survey by Empower, a retirement and financial services company, which found 32% of…
Bond Traders Boost Bets on Half-Point Fed Rate Cuts by Year-End
Bond traders are stepping up options wagers that the Federal Reserve will deliver at least one half-point interest-rate…
Watch Out for the Return of the Quadruple Lock – Bloomberg.com
Watch Out for the Return of the Quadruple Lock Bloomberg.comUK pay growth stays high – but Britons are feeling…
Russia’s Wartime Economy Creaks Under Inflation and Fuel Shortages
Driving a taxi in the Russian capital was never very lucrative for Said, a Tajik migrant living in…
World Economy Latest: Jobs Revisions, Steady Inflation Seal Fed Rate Cut
A record downward revision to annual US job growth, paired with no surprises in the latest inflation data,…
Retirement will ‘take a miracle’ for 21%, Natixis survey finds
Helovi | E+ | Getty Images Americans are feeling more optimistic when it comes to retirement. Just 21%…
US Consumer Sentiment Falls to Lowest Since May on Job Worries
US consumer sentiment fell in September to the lowest since May and long-term inflation expectations rose for the…