ASX climbs. J O Hambro’s Mehta picks Tencent Music. IMF’s Bannan picks Corporate Travel. Ellerston’s Kourtis picks Perpetual.

The Federal Reserve chair said there are no economic indicators calling for rapid rate cuts. He also addressed Fed independence, the impact of Trump's economic agenda and more.

Related: Despite interest rate cuts, mortgage rates rise for home buyers So it's happened this week. Both the Consumer Price ...

Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week.

Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...

Federal Reserve Chair Jerome Powell spoke Thursday for the first time since the central bank's last policy meeting and the ...

Andriana Kugler, a member of the Fed’s board, says economic research shows that an independent central bank typically does a ...

Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...

Thursday’s report from the Labor Department showed that its producer ... notably healthcare and financial services, flow into ...

Traders see another rate in December as likely after consumer and wholesale inflation this week were in line with ...

Wholesale prices in the United States rose last month, remaining low but suggesting that the American economy has yet to ...

Asian markets, including Japan's Nikkei 225 and Hong Kong's Hang Seng, saw declines due to the strength of the dollar.