February Jobs Report Shows Modest Gains
The February jobs report released on Friday showed slightly higher job gains and a rise in the unemployment rate to 4.1%, adding to investor concerns about the U.S. labor market and broader
Federal Reserve’s Monetary Policy Update: November Rate Cut and 2024 Economic Insights
The Federal Open Market Committee (FOMC) reduced its benchmark interest rate by a quarter percentage point during its November meeting, setting the federal funds rate target range at 4-1/2 to 4-3/4 percent.
US Economy Grows 2.5% in 2024, Trump Policies Add Uncertainty
The US economy expanded 2.5% over the past year, according to Commerce Department figures released Thursday, underscoring the solid economic foundation inherited by President Donald Trump. Consumer spending remained strong, supported by
Fed Officials Caution on Rates Amid Inflation Risks
Williams, Barkin emphasize patience as policy uncertainty grows New York Federal Reserve President John Williams said Monday that the current stance of U.S. monetary policy is “well positioned” for what the economy
Wall Street lowers U.S. growth outlook for 2025
Economy cools but avoids collapse amid policy uncertainty After two years of outperforming forecasts, the U.S. economy is showing signs of cooling — though not cracking. Recent GDP revisions from the Federal
Fed Holds Rates, Signals Future Cuts Amid Economic Uncertainty
Fed Keeps Rates Steady, Eyes Future Reductions The Federal Reserve decided to keep its benchmark interest rate in the 4.25%-4.5% range on Wednesday, though policymakers still expect two rate cuts later this
US Jobless Claims Rise Amid Federal Layoff Concerns
The number of Americans filing new applications for unemployment benefits increased moderately last week, suggesting that the labor market remained on solid ground in February. No Immediate Impact from Federal Layoffs There
U.S. Producer Prices Surge as Inflation Pressures Build
Inflation Reignites as Producer Prices Climb U.S. producer prices saw a significant rise in January, reinforcing concerns that inflation is once again picking up momentum. According to the Bureau of Labor Statistics
U.S. Jobless Claims Rise Slightly, Fed Rate Cuts Unlikely
What Happened The number of Americans filing new unemployment claims increased slightly last week, indicating continued strength in the labor market and reducing the likelihood of a Federal Reserve interest rate cut
Jobless Claims Fall as Labor Market Shows Resilience
The number of new unemployment insurance applications fell to its lowest level since last April, signaling unexpected strength in the labor market even as broader employment conditions cool. For the week ending
Fed Expected to Cut Rates for Third Consecutive Meeting Despite Inflation Concerns
The Federal Reserve is poised to lower interest rates this week for the third consecutive meeting, even as inflation remains elevated and the economy shows resilience. This decision has sparked debate among
US Indexes Rise on November Jobs Report and Fed Cut Bets
U.S. markets climbed on Friday as traders digested resilient jobs data and grew more confident in the likelihood of another Federal Reserve rate cut. All three major indexes opened in the green,
U.S. November Job Growth and Fed Rate Cuts Outlook
The U.S. labor market rebounded strongly in November, adding 227,000 jobs despite disruptions from hurricanes and strikes in prior months. However, a slight uptick in the unemployment rate to 4.2% suggests easing
