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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 agoThe current 4% unemployment rate is projected to end 2024 unchanged, in line with the March...
Australian Unemployment Rate Falls Slightly in May
The Wall Street Journal· 1 day ago“Today’s numbers confirm the labor market remains tight; however, spare capacity is gradually increasing, reflected by softening in the forward...
Federal Reserve leaves key interest rate unchanged amid signs inflation is starting to slow further
NBC News via Yahoo Finance· 1 day agoThe Federal Reserve said Wednesday it was keeping its key interest rate unchanged as it fights...
Why the Fed Is Unlikely to Cut Interest Rates Before December
Barrons.com· 15 hours agoThe bar to cut the federal-funds rate from its current 5.25%-5.50% target remains high, as Federal...
Mortgage Rates Fall Despite a Strong Jobs Report: Today's Mortgage Rates for June 7, 2024
CNET· 7 days agoWhile unemployment slightly increased from 3.9% to 4%, the labor market is still strong, which may...
Federal Reserve holds interest rates steady, lowers forecast to 1 rate cut in 2024
Yahoo Finance· 1 day agoFor that to happen, two more inflation reports in the coming months would likely need to show...
Stock Market Today: Stocks higher as inflation, jobs data supports rate cut bets
TheStreet via Yahoo Finance· 17 hours agoHowever, the central bank's new Summary of Economic Projections, better-known as the...
Economy Is Cooling, Today’s Data Show. But the Fed Will Need More Confirmation.
Barrons.com· 11 hours agoBoth data points were reported today. Initial claims for unemployment insurance increased to 242,000...
Unemployment rate highest for more than two years
BBC via AOL· 2 days agoWork and Pensions Secretary Mel Stride told the BBC the unemployment rate had only increased “slightly” and that it was “still at a historically,...
Stock market today: Most of Wall Street slips, but hopes for AI and rates keep indexes near records
MSN News· 9 hours agoNEW YORK (AP) — Most U.S. stocks are slipping Thursday, but hopes for coming cuts to interest rates...