The Latest Breaking News from the Federal Reserve

“The recession that seemed so inevitable at the end of 2022 still hasn’t arrived and may not come anytime soon,” said Chris Zaccarelli, chief investment officer of the Independent Advisor Alliance.

Jobless rate down to 3.7% as world’s largest economy grapples with interest rates and American policymakers plot next moves

Asian stocks rose Wednesday after a tepid start to the week as data pointing to a softening US labour market restoked hopes the Federal Reserve will cut interest rates in the new year.

The price of gold today (GCZ23 ) soared to an all-time high of $2,130.2 an ounce on the COMEX exchange before falling back. Gold prices have climbed more than +16% over the past month from a 9-month low on growing speculation that the Federal Reserve and European Central Bank are...

Taylor Swift and King Charles III are up for 2023 Person of the Year title

A survey shows most business economists think the U.S. economy could avoid a recession next year, even if the job market ends up weakening under pressure brought by high interest rates

Gold hit a fresh record Monday on growing optimism the Federal Reserve will cut interest rates in the new year, with traders shrugging off boss Jerome Powell's attempts to temper expectations.

Inflation is slowing steadily, but it’s too early to declare victory or to discuss when the Federal Reserve might cut interest rates, Chair Jerome Powell said

Asian markets drifted Friday following a mixed day on Wall Street, with data showing a continued fall in US inflation unable to relight the buying that characterised much of November.