With Federal Reserve Chairman Jerome Powell’s recent appearance in Sintra concluded, the focus now shifts to the crucial Nonfarm Payrolls (NFP) data for June, set to be released on Friday at 12:30 GMT. The Bureau of Labor Statistics (BLS) will publish this data, which could pro ...

The U.S. Federal Reserve is currently in a holding pattern, seeking more evidence of cooling inflation. The minutes from the June 12 Federal Open Market Committee (FOMC) meeting highlight a divide among officials on how long to maintain elevated interest rates.

According to a recent ADP report, private payroll growth in June was modest, suggesting a potential slowdown in the U.S. labor market. The report revealed that companies added 150,000 jobs, a slight decrease from the revised 157,000 in May and below the Dow Jones consensus estima ...

The US job market continues to surprise, with the number of available jobs unexpectedly increasing in May. According to the Bureau of Labor Statistics' latest Job Openings and Labor Turnover Survey (JOLTS) report, job openings surged to 8.14 million in May, up from a revised 7.91 ...

Economic activity in the U.S. manufacturing sector contracted for the third consecutive month in June 2024, as indicated by the latest Manufacturing PMI® Report from the Institute for Supply Management® (ISM®). The Manufacturing PMI® registered 48.5%, a slight decrease from M ...

The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, the government said Thursday in a slight upgrade from its previous estimate. Consumer spending grew at just a 1.5% rate, down from an initial estimate o ...

The Bank of Japan (BOJ) is anticipated to raise its interest rate in July and reveal a roadmap towards quantitative tightening (QT), according to one-third of economists surveyed by Bloomberg. In a survey conducted by Bloomberg, 33% of 43 economists predicted that the BOJ will in ...

The latest data from The Conference Board reveals a slight dip in the Consumer Confidence Index® for June, with the index decreasing to 100.4 from May's 101.3. Despite this decline, the Present Situation Index, which evaluates current business and labor market conditions, improv ...

Japan stands ready to take appropriate steps against volatile yen moves at "any time," a senior finance ministry official said Monday, as the currency neared the 160 line against the U.S. dollar, a level at which authorities have previously intervened to slow the yen's decline. ...