All eyes now turn to the US Core PCE data, which is expected to rise 0.3 percent MoM in July, pushing the annual rate to 2.9 percent from 2.8 percent, further away from the Fed’s 2 percent target.

Markets are going up, but the U.S. economy isn’t exactly keeping up. That’s what Morgan Stanley is warning this week in a new ...

The Dow, the S&P 500, and the Nasdaq Composite soared after of Fed Chair Jerome Powell's speech at Jackson Hole.

Here's a look at how McDonald's prices have increased over the years, and where it sits in terms of affordability for the ...

The assumption is that next month will see the first-interest rate cut; the question most are already asking is how many more ...

Britain faces an “acute challenge” to raise its underlying rate of economic growth as long as participation in the workforce ...

Bank of Japan Governor Kazuo Ueda said wage hikes are spreading beyond large firms and likely to keep accelerating due to a ...

There are 19 members of the Fed’s interest-rate setting committee, 12 of whom vote on rate decisions. One of them, Beth ...

A jump in the share of foreign-born workers after the pandemic helped Europe bring inflation down without sharply slower growth, European Central Bank President Christine Lagarde said Saturday ...

The president's latest attack comes as Powell is scheduled to deliver remarks at the Fed's annual conference in Jackson Hole, ...

Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark ...

Powell's Jackson Hole speech hinted at a September rate cut, but labor concerns and data show high uncertainty. Read why ...