Tag: labor market
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US consumer confidence ebbs in September on labor market fears
WASHINGTON (Reuters) - U.S. consumer confidence unexpectedly fell in September amid mounting worries over the health of the labor market.The Conference Board said on...
The Fed just convinced markets it’s not behind the curve
The Federal Reserve's half-percentage-point interest rate cut could have shaken markets had it exacerbated investor fears that the central bank was preparing for an...
Analysis-After jumbo Fed rate cut, market hopes ride on US soft landing
By Lewis Krauskopf and Davide BarbusciaNEW YORK (Reuters) - One of the most consequential Federal Reserve meetings in recent history has put investors’ focus...
The stock market dipped after a historic Fed rate cut. Here’s what the experts think
The Federal Reserve gave investors exactly what they said they wanted on Wednesday, slashing interest rates by an outsized 50 basis points—but it still...
Wall Street Reacts to ‘Dovish’ First Fed Rate Cut in 4 Years
(Bloomberg) -- Traders added to bets on further easing by the Federal Reserve and the dollar ticked lower after the US central bank cut...