Economy News Fed Rate Hikes Can End Now That U S Job Gains Are The Size Of An Economy Like Australia’s, Says Blackrock

Fed governor says current economy is 'calling for large interest rate cuts' to help job market

Federal Reserve governor Stephen Miran said the U.S. economy is "calling for large interest rate cuts" and warned that current monetary policy is "holding the economy back" by keeping borrowing costs ... Read More

Is the U.S. job market weakening as layoffs surge and unemployment rises despite 119,000 new jobs — December Fed rate cut now a done deal?

U.S. labor market is showing clear signs of strain despite the addition of 119,000 jobs in September. The unemployment rate rose to 4.4 percent, up from 4.3 percent, reaching its highest level since ... Read More

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