"The lower unemployment that we saw in Friday's jobs report is very welcome," Kugler told a European Central Bank Conference. "We don't want a drastic slowdown in the labor market."Kugler said there w ...

BEIJING (Reuters) -China said on Tuesday it was 'fully confident' of achieving its full-year growth target but refrained from introducing stronger fiscal steps, disappointing investors who had banked ...

Last week, Federal Reserve Chair Jerome Powell indicated the bank would likely stick with quarter-percentage-point interest rate cuts and was not "in a hurry" after new data boosted confidence in econ ...