The chairman of the US central bank has issued a warning that policymakers may hike interest rates more quickly and significantly than initially anticipated in an effort to stabilize the market. Following the comments, which came just a few weeks before the bank is scheduled to make another rate […]
US
The US economy continued to defy predictions of a slowdown last month, with jobs growth remaining robust. More than anticipated, employers created 311,000 new jobs in February, with pubs and restaurants being the primary contributors. The unemployment rate increased somewhat from 3.4% in January—the lowest level since 1969—to 3.6% […]