Lower inflation than expected in May could encourage officials at the Federal Reserve to lower interest rates sooner than financial markets previously expected.

These days, waiting for the Federal Reserve to lower its benchmark interest rate is a bit like waiting for Godot: the arrival date for the long-anticipated monetary policy move keeps getting pushed ...

A proposal to eliminate the interest paid to banks that deposit cash at the Federal Reserve risks unleashing tremors across ...

After a steady May jobs report that was released Friday, economists are at a crossroads about their view on the monetary ...

Some oil producers are better positioned to weather lower oil prices than others. ConocoPhillips is in that group.

The American job market likely continued to slow last month, hobbled by worries over President Donald Trump’s trade wars, ...

But today, when the effects of AI on society are likely to be measured in trillions of dollars, far greater investment should be made in research on the economics of AI. Society needs innovations in ...

Dispatched on several occasions to extinguish emergencies around the world, the esteemed economist drew academic lessons from ...

"For now, with the labor market holding strong, inflation trending gradually back to target, and risks tothe (Fed's) ...

Federal Reserve Chair Jerome Powell met with U.S. President Donald Trump on Thursday, according to a statement from Powell’s office. The meeting took place amid recent tensions between the two, with ...

South Korea’s central bank cut its key interest rate and sharply lowered its growth outlook for the country’s economy in 2025, as it moved Thursday to counter U.S. President Donald Trump’s tariff ...

On a hillside northwest of Los Angeles, Andreas Tompros is replanting hundreds of avocado trees. Consumption of avocados has ...