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

Back in 2022, when the labor market was so hot that Beyoncé even released a song about it, Americans were job hopping in large numbers, boosting their salary in the process.

Meanwhile, an uptick in unemployment can have a silver lining: As inflation slows and jobless numbers increase, the Fed moves to lower interest rates, just as they did following their November ...

That's where the Federal Reserve System comes in — its primary function is to maintain a low inflation rate and unemployment rate in the U.S., which it does by controlling interest rates ...

It has been a year where people have experienced vastly differing fortunes. Leading economists say 2024's conditions centred on the impact of interest rates being used to tame inflation, and a "per ...

THE US Federal Reserve cut interest rates on Wednesday and signalled it will slow the pace at which borrowing costs fall any ...

The U.S. Federal Reserve cut interest rates on Wednesday and signaled it will slow the pace at which borrowing costs fall any ...

Here’s how the Fed’s latest move will impact your borrowing costs ...

The Federal Reserve on Wednesday cut interest rates by a quarter point, the third rate cut since it began to lower borrowing ...

The Fed trimmed a key interest rate by a quarter percentage point, its third straight rate cut. But it forecast fewer 2025 ...

The past year showcased strong economic growth, moderating inflation, and efficiency ... While a higher unemployment rate is a concern, this risk to date appears limited, potentially due to ...

The Federal Reserve voted to lower interest rates for the third time this year, and it comes as inflation is proving stickier ...