Tharman Shanmugaratnam, a veteran economist and ex-finance minister, said that inflation would be lower if not for 15 years of mistakes Global inflation has yet to die and advanced economies outside ...

The Fed sets short-term interest rates, but does not directly control mortgage rates, which tend to move in tandem with the yields on long-term bonds. Those long-term rates are dependent on investor ...

Powell said the Fed did not have to be in a hurry to cut rates further following three consecutive cuts since September last ...

Layoffs and unemployment rates are low, but job seekers across the country are struggling to find work as companies pull back on hiring.

Hang Seng gains on China’s AI optimism, while Nikkei falters on a stronger Yen. ASX 200 surges as rate cut bets fuel banking and tech stocks.