Economy News Us Economy News Today Jobless Claims Lower As Fed Watches Labor Market Strength
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Fed Chair Powell Says US Economy ‘Firmer’ Than Expected, But Warns of Rising Labor Market Downside Risks
Fed Chair Jerome Powell says the US labor market may be beginning to show signs of weakness. In a speech at the National Association for Business Economics Global Economy conference in Philadelphia, ... Read More
Slowdown in US hiring suggests economy still needs rate cuts, Fed's Powell says
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 more this year. Read More
Dollar Rallies on Strong US Economic Reports
The dollar index (DXY00) today is up by +0.43% at a 3-week high. The dollar is climbing as today’s US economic reports were hawkish for Fed policy. US Q2 GDP expanded more than expected, weekly ... Read More
US economic activity little changed, employment stable in recent weeks, Fed says
U.S. economic activity was little changed and employment was largely stable in recent weeks, the Federal Reserve said on Wednesday, but there were emerging signs of weakness including more layoffs and ... Read More
Jobless claims fall to lowest in two months, despite signs of labor market slowdown
This is read by an automated voice. Please report any issues or inconsistencies here. U.S. jobless claim applications fell to their lowest level in two months last week as layoffs remain low despite ... Read More
There’s no jobs report today. So here’s what we know about the US labor market
(CNN) — On this particular Friday, at 8:30 a.m. ET, the Bureau of Labor Statistics was supposed to release the September jobs report. Instead, the agency behind the market-moving release — data that ... Read More
Strong US Economic Reports Support the Dollar
The dollar index (DXY00) on Thursday rose by +0.64% to a 3-week high. The dollar rallied as Thursday’s US economic reports were hawkish for Fed policy. US Q2 GDP expanded more than expected, weekly ... Read More
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