Fed, Powell
Fed’s Powell Testifies as Inflation, Hiring Cool
Jerome Powell is likely to tell lawmakers that Federal Reserve officials need further confirmation inflation is slowing before they’re in a position to cut interest rates, even with evidence building of softer growth and employment.
Fresh Jobs Data Spurs Investors to Bet on September Fed Rate Cut
As unemployment ticks up and wage growth cools, Federal Reserve officials are watching for signs that the job market is about to crack.
Fed rate cut debate to heat up as US job market cools
Federal Reserve policymakers got more evidence of U.S. labor-market cooling on Friday that could boost their confidence they are winning their fight on inflation, and open the path to a more active debate on interest-rate cuts when they next meet in late July.
The Fed is winning its war against the labor market. What does that mean for rates?
Fed policy disproportionately impacts the housing market more than other sectors of our economy and the question is: Are they ready to pivot?
Fed could feel pressure to cut rates after June jobs report
US economy in June, according to the US Bureau of Labor Statistics, while the unemployment rate ticked up to 4.1% in that same time. Many economists view this cooling economic environment as a chance for the Federal Reserve to begin cutting rates.
June jobs report bolsters bets on an autumn Fed interest rate cut
Annual wage gains last month were the slowest in three years, adding to recent data showing cooling inflation pressures.
Analysis: U.S. Jobs Market Cools Just Like Fed Chief Powell Wants
June payrolls were solid, but down slightly from May, while wage inflation slipped a few notches. Both continued trending toward what Powell has called ‘sustainable’ levels.
The stock market will drop 32% in 2025 as the Fed fails to save the economy from a recession, research firm says
"Two years ago, workers who lost their jobs could simply walk across the street to find new work. That has become ...
Where to invest if the Fed can’t get inflation down to 2%
P* — the optimal inflation target — in fact could prove to be much higher than 2%. Slavish adherence to achieving a 2% ...
Fed’s ‘Critical’ Warning Sparks Serious $50,000 Bitcoin Price Crash Alert As $200 Billion Is Wiped From Ethereum, XRP, Solana And Crypto
Bitcoin Bitcoin -2.9% has suddenly crashed back toward $60,000 per bitcoin after one billionaire bitcoin buyer revealed ...
Cleveland.com7h
The answer to Ohio’s bloated, gerrymander-fed Statehouse majorities? More than 731,000 signatures for change: Thomas Suddes
For once, good news for Ohioans from the Statehouse: An enthusiastic throng, spearheaded by the retired chief justice of ...
The Hill2d
Will the Fed hit its inflation target by 2025? Don’t bet on it.
Since then, the Fed’s preferred inflation metric for May, the Personal Consumption Expenditure Index, showed 2.6 percent growth, unchanged for two months and running. Still, the distance between 3.3 ...
The New York Times2d
Fed Officials Keep an Eye Out for Cracks in the Job Market
But as inflation cools, Fed officials have made it clear that they are trying to strike a careful balance: They want to ...
Biden campaign fed questions to hosts for interviews with president
Two radio hosts have come forward saying they were given questions by the Biden campaign to ask during their interviews with the president this week.
Acciones suben; se amplía senda hacia recorte Fed en septiembre
El mercado de valores cerró la semana en máximos históricos. Los operadores obviaron las señales de una desaceleración en la ...