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

An unusual trend in the economy is worrying the Fed

Something in the US economy isn’t adding up, and it’s rattling the people charged with wrangling inflation and keeping the labor market intact. US companies have sharply slowed their hiring this year, ... Read More

Fed's Goolsbee says rates ‘could come down’ if economy stays on ‘golden path’

The Fed's Austan Goolsbee signaled more rate cuts are possible if inflation trends continue improving, calling November's CPI data encouraging for policymakers. Read More

Wall Street cheers bad jobs news as it nudges the Fed toward cuts

Wall Street is once again treating bad news on jobs as good news for markets, betting that a softer labor backdrop will finally push the Federal Reserve toward deeper rate cuts. A weaker hiring ... Read More

Wall Street set to open higher on Fed interest rate-cut expectations

Wall Street's main indexes were set to open higher on Monday, buoyed by expectations of an imminent Federal Reserve rate cut in December, while investors were also combing for fresh data to gauge the ... Read More

Takeaways: Powell says the Fed has delivered enough rate cuts for now

The Federal Reserve on Wednesday is set to lower borrowing costs again, even as stark divisions persist within the central bank’s powerful rate-setting committee. Read More