Now that the Federal Reserve has signaled lower interest rates are likely to come in the next month or so, attention will turn back to the underlying health of the economy. That will be clearer this ...

The Federal Reserve was already facing one of its most difficult battles, steering a shifting economy through a weakening labor market and stubborn inflation. The government shutdown just made that ...

During his annual speech in Jackson Hole, Wyo., Fed Chair Jerome Powell discussed the potential for the central bank to cut interest rates. Photo: David Paul Morris/Bloomberg JACKSON HOLE, ...

What a surprise spike in the unemployment rate means for interest rates and the economy The rate of unemployment in Australia ...

Economists had expected a slight increase in inflation, but consumer spending came in a little stronger than forecast.

The Federal Reserve cut its benchmark interest rate for the first time this year, dropping it by a quarter point. The change could have an impact on many lending rates and the Fed suggested two more ...

The Federal Reserve’s policymakers are likely to resume cutting the central bank’s main interest rate, though most analysts think they will only do it by a quarter percentage point. I think they ...

Fed Chair Jerome Powell on Tuesday said the central bank is nearing a point where it will stop reducing the size of its bond ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

Experts and business leaders have described yesterday’s benchmark interest rate cut of the Cental Bank of Nigeria (CBN) as a major step towards driving economic growth, boosting employment and ...

Despite some fresh doubts about credit that banks addressed this week, the U.S. economy seems to be chugging along.

Russia’s central bank cut its benchmark interest rate Friday by one percentage point to 17%, a step that could support the economy as growth slows and spending on the war against Ukraine increases the ...