Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last full month of Joe Biden's presidency and leaving Federal Reserve policymakers to puzzle over the need for more interest rate cuts in a strong economy.
The Federal Reserve might be unable to lower its benchmark lending rate until late in the autumn, market-derived data ...
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.
Federal Reserve Bank of Kansas City President Jeff Schmid said he favors slowing the pace of interest-rate cuts and only ...
The Fed's latest meeting minutes showed concern that inflation could remain sticky, partly because of Trump's trade policy.
The U.S. economy added 256,000 jobs last month and the unemployment rate edged down, the Labor Department said.
The U.S. dollar rallied on Friday after data showed the world's largest economy created more jobs than expected last month, ...
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