Economy added 119,000 jobs in Sep., delayed report shows
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This week’s Federal Reserve meeting is likely to provide little hint about the now remote possibility of a mid-summer interest rate hike, economists say, But it could deliver a more sobering message: Policymakers expect slower growth and lower rates the ...
'Evidence of significant labor-market slowing continues to mount' The labor market has taken a turn for the worse this year. At the end of July, Federal Reserve chief Jerome Powell said "the labor market's solid - historically low unemployment" after the ...
US jobs rose in September, increasing more than expected, but the YoY trend is still weak, The debate about the economy’s near-term outlook - and rate cut implications - remains unsettled.
An investigation by the Fed's inspector general is ongoing. Read more at straitstimes.com. Read more at straitstimes.com.
A filing details stock transactions during “blackout periods” that surround interest rate-setting meetings. The paperwork may shed light on the central bank governor’s abrupt August departure.
Federal Reserve policymakers are split over whether they should continue cutting interest rates, ending the long stretch of consensus that has defined Chair Jerome Powell’s leadership of the central bank.
Investors are split on whether the Fed will cut interest rates again in December, uncertainty that is made worse by a lack of recent data.
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