News

Trump urges Federal Reserve to slash interest rates by a full percentage point
The president has repeatedly berated Powell for not cutting rates as he desires. The two men met face-to-face for the first ...
May jobs report released: Employers added 139K jobs; unemployment held steady
U.S. payroll growth slowed modestly in May as employers added 139,000 jobs amid uncertainty about President Trump 's sweeping ...
Jobs report shifts Fed interest rate forecasts
With the relatively bland U.S. labor numbers for May bumping against randy trade deals and thirsty tariff tiffs, there’s ...
Fed's Harker says rate cuts this year still possible, amid data quality worries
By Michael S. Derby (Reuters) -As he heads toward retirement at month’s end, Philadelphia Federal Reserve President Patrick ...
Trump wants but Putin gets it! Russian central bank cuts key interest rate by a full percentage point
Russia's economic growth rate fell to 1.5 per cent year-on-year in the first four months of 2025, compared to 4.3 per cent ...
U.S. Job Growth Slightly Exceeds Estimates In May
Employment in the U.S. increased by slightly more than expected in the month of May, according to a report released by the Labor Department on Friday.The Labor Department ...