World Economy Latest: Fed’s Powell Reins in Rate-Cut Expectations
Central bankers in North America’s two largest economies lowered borrowing costs this week, though yields on government debt…
Bitcoin (BTC) Extends Losses as Powell Cautions Against Rate Cut Bets
Bitcoin slumped toward the lower end of its recent trading range as record rallies in other risk assets…
US Tariff Revenue Surge Is Clear, Officials Differ on Who Pays
I’m Laura Curtis, an economics editor in Los Angeles. Today we’re looking at the provenance of the swelling…
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…
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…