Bringing inflation down to target levels is proving challenging for central banks around the world, but most are slowly reducing interest rates.

Fear that wage gains will stoke inflation may lead the Fed to tread more carefully in its interest rate decision this afternoon.

This is the slowest pace of hiring in the United States since 2020, but the unemployment rate remained low, as numbers were distorted by hurricanes and a major strike at Boeing.

This is the strongest signal yet that the Federal Reserve will be able to cut interest rates soon.

Elevated interest rates and a strong dollar force other currencies lower and complicate other central banks' plans to bring down borrowing costs.

Non-farm payrolls jumped by 303,000 in March, while unemployment dropped.

Swiss rates, plus various other trends in the global economy—in chart form.

While inflation is mostly retreating around the world, soaring shipping costs and a jump in oil prices are stoking worries about a revival of cost pressures.