This week’s forthcoming Consumer Price Index report could show easing year-on-year inflation, increasing the potential for Fed interest rate cuts in May or June 2025.
January hiring was narrow. Healthcare (44,000 new jobs), retail (34,000) and government (32,000) together accounted for 77% ...
Learn about the significant risks facing the U.S. economy, including mounting debt and geopolitical tensions, and the ...
Minneapolis Federal Reserve President Neel Kashkari said Friday he expects to see interest rates lower this year if the economic data continues to move in the same direction.
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
The February jobs report reveals the economy added 143,000 jobs, continuing a hiring trend but falling short of analysts' ...
While the headline number missed estimates, the January jobs report showed signs of strength investors think will keep rates ...
Powell also addressed the uncertainty surrounding tariffs, describing their potential impact as highly unpredictable. He noted the wide range of unknowns, including the duration, scale, and targets of ...
Meanwhile, the spotlight remains on US corporate giants as they reveal their profit reports for the final quarter of 2024.
The Labor Department on Friday released its jobs report for January, which showed that the U.S. economy added 143,000 jobs last month, which was below economists' expectations.
The Federal Reserve spent a good part of 2022 and 2023 implementing interest rate hikes in response to rampant inflation. But ...