Inflation has been doggedly low, so it’s not clear that the 2.5% expectation for inflation is going to turn out to be right.
This week's strong growth in full-time employment shows a robust labour market. This only deepens the puzzle of why inflation is so low at the same time.
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?
Stocks have their day.
The world's most famous stock index just broke 20,000 for the first time. Here's why it doesn't really matter.
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.
With Australia cutting and the US raising rates the Australian dollar looks likely to fall.
All economic data is pointing to disappointing global growth.
There are some good reasons why the RBA should retain its flexibility in managing inflation.
Thousands of civil service employees gather during a protest march for higher pay at the Union Buildings in Pretoria in 2010.
South Africa's government should urgently announce a moratorium on civil service employment growth. The country has reached its upper limit in the number of civil servants that can be sustained.
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.
Running the economy is a bit like running a race…
Jogger wall via www.shutterstock.com
My buddy is training for his third Chicago Marathon. I’m preparing for a 10K mud-run. He’s really fit and a family nurse practitioner, so I seek his advice on how to get in shape and what to eat. His advice…
The key indicators of the health of the economy are the unemployment rate, inflation rate and economic growth.
AAP Image/Julian Smith
The key economic indicators to look out for on budget night.