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The central bank may be in the unenviable position of cutting rates because the economy is weakening, not because inflation ...
President Donald Trump urged the central bank to cut rates. Fed Chair Jerome Powell is holding firm — but more and more ...
Investors are preparing for a crucial day of US economic data, with second-quarter GDP figures set to be followed by the Federal Reserve’s interest rate decision. The GDP figures are due out at 8.30am ...
Torsten Sløk, chief economist at Apollo Global Management, says the economy may have a slowdown before recovering.
The US economy expanded sharply in the second quarter as businesses dialed back on imports after stocking up earlier in the year to get ahead of President Donald Trump’s tariffs. Gross domestic ...
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