Economy News Small Businesses Keep Hiring As Fed Raises Rates To Cool Economy The Wall Street Journal

Sharp disagreements over economy threaten Federal Reserve interest rate cut

What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn infla ... Read More

Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says

WASHINGTON (AP) — A sharp slowdown in hiring poses a growing risk to the U.S. economy, Federal Reserve Chair Jerome Powell said Tuesday, a sign that the Fed will likely cut its key interest rate twice ... Read More

Fed cuts interest rates for 2nd time this year amid hiring slowdown

The Federal Reserve cut its benchmark interest rate a quarter of a percentage point on Wednesday, opting for its second interest rate cut this year in an effort to jumpstart the flagging labor market. Read More

Wall Street waffles as Fed cuts rates but won’t promise more

This is read by an automated voice. Please report any issues or inconsistencies here. The Federal Reserve cut interest rates to support hiring but Chair Jerome Powell dampened hopes for additional ... Read More