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Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 2 days agoMeanwhile, average yearly wage growth has tumbled...4% in April. The Fed wants pay increases to come...
"Eye-popping" May US payrolls jump may set back Fed ease By Reuters
Investing.com· 7 days agoThe Labor Department said on Friday that the unemployment rate ticked up to 4.0% for the first time...
US unemployment rate ticks up to 4.0 pct in May, highest in over two years
China Daily· 7 days agoUS employers added more-than-expected 272,000 jobs in May, with the unemployment rate ticking up to...
Fed Interest Rate Decision Will Key Off Unemployment Amid Mixed Jobs Data
Forbes· 4 days agoDuring that span, nonfarm payrolls have increased on average by 230,000 per month. This pace far...
NY Fed Survey Shows US Consumers' 1-year Inflation Expectations Ease In May
RTT News· 4 days agoThe Federal Reserve Bank of New York's May Survey of Consumer Expectations showed that one-year-ahead inflation expectations...since June 2021, with 78.1 ...
Fed Officials Dial Back Rate Forecasts, Signal Just One ‘24 Cut
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Federal Reserve officials penciled in just one interest-rate cut this year and...
US economy adds more jobs than expected in May as unemployment rate ticks higher
Yahoo Finance via AOL· 7 days agoOn a monthly basis, wages increased 0.4%, an increase from the previous month's 0.2% gain. Read...
Market backs off on hopes for interest rate cuts following strong jobs report
CNBC· 7 days agoThe Bureau of Labor Statistics reported Friday that nonfarm payrolls increased by 272,000 for the...
Gold, Euro Plunge on Strong US Jobs Data | Investing.com
Investing.com· 4 days agoGold (XAU) fell by 3.57% on Friday after stronger-than-expected US jobs data reduced the likelihood...
Here’s a Plot Twist: Strong Markets Are Driving the Economy, Not the Reverse
Barrons.com· 7 days agoMore than half of that gain was accounted for by their increase in equities and mutual fund...