Economy is near full employment
St. Louis Fed President Alberto Musalem explained on Monday that he backed last week’s rate cut, describing it…
Stournaras: Greek economy stable, but handouts could return country to 2010
In a turbulent international environment, Greece for the first time stands out positively, Bank of Greece Governor Yannis…
U.S. inflation report on Friday will tell if rate cut was a good idea
Federal Reserve Chairman Jerome Powell talks with reporters following the regular Federal Open Market Committee meetings at the…
Fed’s Kashkari Sees Two More 2025 Cuts Given Hiring Slowdown
Federal Reserve Bank of Minneapolis President Neel Kashkari said he supported the US central bank’s decision to lower…
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…
Mistakes cost Starmer as inflation looms
Labour MPs are upset and frustration about the Government’s stupid, unforced errors As Sir Keir Starmer enjoyed watercress…
Central bank lowers expectations for Greek growth
[Intime News] The Bank of Greece is lowering its expectations for the Greek economy’s growth this year and…
Bank of England holds interest rate at 4% over high inflation concerns
LONDON (AP) — The Bank of England held its main interest rate at 4% on Thursday as U.K.…
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…
What the First Rate Cut of 2025 Means for Americans
The Fed’s long-awaited interest-rate cuts are here, and it could mean lower mortgage rates — eventually. The Federal…
Top analyst says Elon Musk’s DOGE layoffs marked the ‘end of the rolling recession’ of last 3 years
A leading Wall Street analyst says the wave of government layoffs driven by Elon Musk’s DOGE initiative—the so-called…
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…