Jobs News Case For September Rate Cut Builds After Slower Jobs Data
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Amid Limited Jobs Data, Fed Takes Cautious Stance on Rate Cuts
Taking a question following the Fed’s expected move to lower interest rates by a quarter point, Powell told reporters a December cut is “not a foregone conclusion – far from it.” That sent a shiver ... Read More
Federal Reserve officials remain cautious on future rate cuts
Federal Reserve officials remain cautious about future interest rate cuts, with an account from the central bank's meeting in September underscoring the division among central bank officials over the ... Read More
The jobs sector employing the most Americans has been shrinking for months - making the case for another Fed rate cut
Service sector activity drops to lowest level in five years The report also shows signs of rising inflation, highlighting the dilemma for the Federal Reserve. The Institute for Supply Management said ... Read More
For a jobs day data fix in a US shutdown, here is what the experts are saying
WASHINGTON, Oct 3 (Reuters) - With U.S. Bureau of Labor Statistics employees furloughed due to the federal government shutdown, the agency's website shows a release from Wednesday as its most recent ... Read More
The job-market sector employing the most Americans has been shrinking for months — building a case for another Fed rate cut
The Institute for Supply Management said on Friday that employment contracted in the service sector for the fourth straight month in September. The service sector, which employs the most Americans ... Read More
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