January jobs report: Economy at full employment. Wage pressure picks up.
Economists had been expecting an overall healthy reading, with 169,000 net new jobs created in the month and the unemployment ...
Powell mentioned the labor market 25 times at his press conference last week, mostly calling it 'solid'
Federal Reserve Chairman Jerome Powell mentioned the labor market 25 times during his press conference last week. Over and over, he called the labor market "solid" and "good." This week, economist Tim ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in Fed Chair Jerome Powell, breaking from ...
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US Jobs Data Highlights: US weekly jobless claims rise marginally
The US initial jobless claims data for the week ending February 1 will be released on February 6, 2025, at 7:00 PM IST (8:30 ...
America can return to fiscal sanity with strong Federal Reserve leadership and Trump back in the White House
America can return to a sound fiscal policy from the Federal Reserve now that President Trump is back in office.
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“We’ve got to be more careful and prudent of how fast rates could come down,” says Chicago Fed chief
Austan Goolsbee says the central bank is keenly monitoring how changing economic policy is influencing inflation and employment.