The Fed

Bussiness

Crucial September jobs report kicks off a new month: What to know this week

Admin - September 1, 2024

After a whipsaw month of market action, the S&P 500 (^GSPC) logged its fourth-straight winning month to end August. For the month, the S&P...

Bussiness

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

Admin - August 19, 2024

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

Bussiness

Investors’ comments on global market bounce

Admin - August 6, 2024

(Reuters) -Global stocks rallied on Tuesday, partly reversing some of the previous day's steep declines, while the Japanese yen took a breather, after central...

Jobs

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

Admin - July 9, 2024

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

Jobs

Jobs, inflation data may break the US Treasury market out of narrow range

Admin - June 28, 2024

By David RandallNEW YORK (Reuters) - A series of upcoming economic reports and Congressional testimony from Federal Reserve Chairman Jerome Powell could jolt U.S....

Jobs

The job market has 3 weak spots that could bring steeper Fed rate cuts, Goldman Sachs says

Admin - June 18, 2024

Unemployment remains near a historical low, but has ticked steadily higher over the last year. The jobless rate rose to 4% in May. Meanwhile,...

Jobs

Fed policy hasn’t cooled the labor market and a ‘serious consumer recession’ could strike if services jobs tumble, real estate billionaire Barry Sternlicht says

Admin - June 6, 2024

The Fed's rate hikes have had "zero impact" on the job market, Barry Sternlicht said.The real estate mogul pointed to job growth in rate-sensitive areas...