Employment rose in July, with 27,900 jobs created.
The Reserve Bank of Australia is stuck, according to the economic evidence, it has to raise rates but it also should cut.
Fed Chair Janet Yellen heads one of the most powerful financial institutions in the world.
Randal Quarles, the president's first nominee to the Federal Reserve's board of governors, has argued the bank should use rules to make decisions. But could such a shift prove disastrous in a crisis?
Fed Chair Janet Yellen speaks at a press conference following the rate-hike decision.
AP Photo/Susan Walsh
The Federal Reserve lifted rates for the second time this year and expects to do so once more, suggesting it's fairly confident the economic recovery will continue. Is it overconfident?
if you like to drink (or sell) German beer, higher rates are a wonderful thing.
Matthias Schrader/AP Photo
While borrowers may not be thrilled by the Federal Reserve's decision to raise rates, many of us have plenty of reason to celebrate.
Fed Chair Janet Yellen discusses the change in rates.
Alex Brandon/AP Photo
The Fed faces a tough choice on how fast to raise rates in 2017, and Donald Trump may find that it may spoil some of his plans.
Up from here?
Richard Drew/AP Photo
Many observers argue the Fed's wrong to raise rates so soon. Here's why they're wrong.
The Fed’s low-interest rate garden.
Money shoots via www.shutterstock.com
Ultra-low interest rates have made low-carbon projects like windmill farms more attractive than coal power plants. That will begin to change as the central bank lifts rates, hurting the green economy.
Will Congress take the handoff from the Fed?
Although the economy added jobs for a 72nd month – the longest streak since WWII – growth remains sluggish. Two economists argue it's up to lawmakers and the next president to pick up the slack.
The U.S. could do with a shot in the arm too.
Bear syringe via www.shutterstock.com
Although the Fed delayed raising rates this month, it has signaled it intends to wean the U.S. economy off its unprecedented monetary stimulus. Now the question is whether Congress will take the handoff.
Chair Janet Yellen acknowledges: It’s a tough call.
The Fed left interest rates unchanged but said improving economic data means it will likely lift them later this year. We asked two scholars – and ex-Fed officials – if it was the right call.
You’re not the only one in the dark.
Just like apes, humans fear the unknown, and that's why there's so much uncertainty this week as markets brace for an interest-rate decision by the Federal Reserve.
For everyone, there are things to like and not like in higher interest rates.
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The Federal Reserve is expected to raise rates for the first time in nine years next week. What does it mean for you?
US jobs market needs a boost.
Jobs growth slowed in September, yet the despite the disappointing figures there's no political will to do anything about it.
Her hands may be folded, but Janet Yellen is far from inactive.
The Fed decided to hold its key interest rate at about zero, but that doesn't mean it did nothing.
Chair Yellen and her colleagues decided the economy isn’t ready.
The Fed's policy-setting committee decided to keep its benchmark interest rate unchanged. Here's why that's the wrong call.
The Fed building in New York: just a nice facade?
Market speculation on whether the Fed will raise rates is reaching fever pitch, but the central bank no longer has the pull it once did.
The sour face means the Fed must be about to raise rates.
Whenever speculation grew louder that the Federal Reserve would lift its target interest rate this year, stocks took a dive. Here's why.
Workers are still feeling a little pinched.
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The July employment report suggests the recent trend of lackluster gains in jobs and wages is continuing, and a rate hike should therefore be off the table for the time being.
Are the eyes windows into her soul or the FOMC rate-hike calendar?
Janet Yellen and her Fed colleagues know that wage growth and inflation are still too low to support an increase in interest rates in June.
Janet Yellen will make waves next year.
International Monetary Fund
As the US economy emerges from recession, the prospect of the US Federal Reserve raising interest rates grabs the attention of the financial markets more and more. US rates have been close to zero for…