Firm Inflation, Soft Jobs Data Pull Fed in Opposing Directions

Consumer prices were up 2.9% in August from a year earlier, hotter than July’s gain of 2.7%. The year-over-year reading was the highest since the start of 2025. Read More

Cooling job market is becoming the Fed's primary focus

The Fed’s got two basic things it’s supposed to do, according to Congress: keep prices stable, while maximizing employment. With inflation above the Fed’s 2% target and Trump’s tariffs putting upward ... Read More

Wages aren't keeping up with inflation, with some jobs falling further behind than others

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ... Read More

Lackluster US job growth anticipated in August; focus on revisions

Forecasts for tepid U.S. job growth in August and a rise in unemployment to 4.3%, if accurate, would confirm a softening labor market and seal the case for an interest rate cut from the Federal ... Read More

Week Ahead for FX, Bonds: U.S. Jobs Data in Focus as Fed Rate Cut Looks Likely

Below are the most important global events likely to affect FX and bond markets in the week starting Sept. 1. U.S. jobs data will be the highlight of the week, as investors gear up for a potential ... Read More