The JOLTS data suggest the labour market remained healthy in May, with job openings and private sector hiring rising, and layoffs low. However, the sharp rise in accommodation and food services job...

Fed Chair Jerome Powell struck a careful balance in his semi-annual testimony to Congress this week, offering no signal that a July cut is likely, while keeping the door open to reductions later in...

This week Fed Chair Jerome Powell didn’t sound overly reassured by the lack of an immediate impact of tariffs in consumer prices in May, warning that “it takes some time for tariffs to work their way...

The Fed will remain on the sidelines for some time, waiting to see what impact tariffs will have on price inflation. We suspect that lingering fears of a more persistent impact will persuade the Fed...