Tag: unemployment rate
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Sluggish US jobs report clears the way for Federal Reserve to cut interest rates
WASHINGTON — Hiring by America’s employers picked up a bit in August from July’s tepid pace, and the unemployment rate dipped for the...
US Jobs Data Will Help the Fed Gauge the Extent of Its Moderation
(Bloomberg) -- Upcoming readouts on the US labor market, including the monthly payrolls report, will give Federal Reserve policymakers insight into the need for...
US consumer spending picks up; inflation rises moderately in July
WASHINGTON (Reuters) - U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing...
US consumer spending picks up; inflation rises moderately in July
WASHINGTON (Reuters) - U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing...
The Fed Just Flagged Its First Interest Rate Cut Since March 2020. It Might be Bad News for Stocks.
"The time has come for policy to adjust." Those were the words of Federal Reserve Chairman Jerome Powell on Friday at the annual Jackson...