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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· 6 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...
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...
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 ...
Flat US May CPI boosts confidence that Fed is reining in inflation
Reuters via Yahoo Finance· 2 days agoIn the 12 months through May, the CPI advanced 3.3% after increasing 3.4% in April. Economists...
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...