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Jerome Powell

Nonfarm payroll growth revised down by 818,000, Labor Department says

The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department reported Wednesday.As part of...

Investors look to Powell’s Jackson Hole speech for clues about Fed’s first cut

Federal Reserve Chair Jerome Powell and his central bank colleagues face a very different dilemma than they did a year ago as they gather...

Powell says September rate cut ‘on the table’ if inflation data continues to cool

Federal Reserve Chair Jerome Powell said Wednesday that the U.S. central bank could cut interest rates at its September meeting if economic data continues...

Fed holds rates steady and notes progress on inflation

WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to its target, which could...

Fed recap: Chair Powell gives the September rate cut signal traders were hoping for

Powell says a potential September rate cut would be apoliticalFederal Chair Powell said a rate cut at the September meeting would be unrelated to...

Powell Flags Rising Risks to Jobs While Avoiding Rate-Cut Timing

(Bloomberg) -- Federal Reserve Chair Jerome Powell said officials are increasingly wary of potential risks to the labor market from high borrowing costs as...

June jobs report raises pressure on Fed for September rate cut

The June jobs report sent a clear message to the Federal Reserve — the central bank risks falling behind the curve.Job gains north of...

The US economy created 206,000 jobs in June

The U.S. economy created 206,000 non-agricultural jobs in the month of June, according to data released on Friday by the Labor Department. Despite the...

What to look for in the U.S. government’s June jobs report

A key government report on Friday is expected to show slowing, but steady, job growth in June, with forecasters increasingly confident that the U.S....

What to look for in the U.S. government’s June jobs report

A key government report on Friday is expected to show slowing, but steady, job growth in June, with forecasters increasingly confident that the U.S....

ADP jobs data, Fed on inflation, Paramount talks: 3 Things

Stock futures (^DJI, ^IXIC, ^GSPC) are taking in ADP's jobs data for June and the US Department of Labor's initial jobless claims from last...

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