The Latest Breaking News from Economy

Jerome Powell has fought hard to keep the Fed out of political narratives, and said he would never request a meeting with President Trump.

China's Xi Jinping is arming the economy with massive stimulus and rate cuts to counter Trump's tariffs. Will it tip the scales in upcoming US trade talks?

THE world’s economy is still reeling from Donald Trump’s “liberation day” on April 2 – which saw him levy tariffs on almost every country…

The Federal Reserve kept its key interest rate unchanged on Wednesday, brushing off President Donald Trump’s demands to lower borrowing costs, and said that the risks of both higher unemployment and higher inflation have risen, an unusual combination that puts the central bank in a difficult spot.

Asian shares are rising moderately after a lackluster finish on Wall Street, with most shares ticking higher after the Federal Reserve left its main interest rate unchanged, as was widely expected

Investors have hit sell on ANZ shares after the big four bank posted a cash profit less than what the market hoped to see.

The Fed chair noted that Trump's upcoming tariffs could lead to inflation and increased unemployment

Fed Chair Jerome Powell said the central bank hasn’t faced such a scenario in a “long time.”

At a time of widespread global trade instability, Australia should be expanding and diversifying its economic partnerships. Supply chains remain fragile, and protectionist rhetoric is once again gaining traction in major Western economies.