Minneapolis Federal Reserve President Neel Kashkari said Friday he expects to see interest rates lower this year if the economic data continues to move in the same direction.
The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
The unemployment rate, which is derived from a separate survey, declined to 4% from 4.1% the prior month. Economists expected ...
While the headline number missed estimates, the January jobs report showed signs of strength investors think will keep rates ...
Powell also addressed the uncertainty surrounding tariffs, describing their potential impact as highly unpredictable. He noted the wide range of unknowns, including the duration, scale, and targets of ...
In the preceding weeks, the Trump administration took significant steps to strengthen the U.S. economy with sweeping policy ...
The Federal Reserve spent a good part of 2022 and 2023 implementing interest rate hikes in response to rampant inflation. But ...
Traders of short-term interest-rate futures on Friday now expect the Federal Reserve to cut interest rates just one time this ...
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...
US stocks firm after the monthly jobs data show the labor market's healthy, likely keeping Fed rates on pause. Amazon's sales outlook is concerning.
Defying fears of a pandemic-driven Great Depression and bucking Federal Reserve interest rate hikes as well, the U.S. job ...
Tariffs don't directly cause interest rates to rise, but they might be part of the recipe. Learn if rates will go up, and ...