At long last, the Federal Reserve is on the verge of resuming rate cuts. The Federal Reserve last cut the Federal Funds Rate ...

The U.S. economy faces an “uncomfortably high” 48% probability of slipping into a recession within the next 12 months, ...

An unprecedented inversion of the U.S. yield curve led to a sharp increase in the New York Fed's recession probability estimates. A one-month Treasury bill currently yields 2.2% more than a 10-year ...

Fed policymakers expected to cut benchmark interest rate by 25 basis points amid labor market weakness and inflation rising ...

Data from the New York Federal Reserve showed Americans' confidence in finding new jobs hit a record low of 44.9% in August, ...