and a 0.1 percentage point decline in unemployment to 4% affirmed a Fed decision last month to pause monetary easing.
US job growth slowed more than expected in January, but a 4.0% unemployment rate probably will give the Federal Reserve cover ...
Ongoing strength in the U.S. economy drove mortgage rates up over 7% for the first time in eight months, casting doubt over a recovery in the housing sector. The 30-year mortgage rate inched up to ...
Yet on Thursday during the World Economic Forum’s annual event in Davos, Switzerland, Trump said he would reduce oil prices, and then “I’ll demand that interest rates drop immediately ...
Arguing that Saudi Arabia and OPEC should take steps to lower oil prices, Trump added, “With oil prices going down, I'll demand that interest rates drop immediately.” Trump’s comments ...
Industrial production surged by 6.2% in December, though domestic demand remained weak with modest retail sales growth and rising unemployment. Further fiscal measures are expected to support the ...
Australia’s unemployment rate rose slightly in December but still remains under the RBA’s forecasted figure, putting in doubt a rate cut for the first time in 17 months. Australia’s official ...
The unemployment rate ticked up, as expected, to 4 per cent. Bond markets are largely ignoring December’s robust jobs report. Bloomberg Most economists still, however, favour the first rate cut ...