Jobs News Fed Chair Powell Just Said The Labor Market Is Getting Vulnerable Friday’s Jobs Report Could Prove Why

Fed's Powell points to persistent labor market weakness as government shutdown delays official reports

Federal Reserve Chair Jerome Powell on Tuesday said that the economy continues to see a softening of the labor market despite the government shutdown delaying the release of official jobs and ... Read More

Fed Chair Powell Says Jobs Are Softening, But Warns that “There Is No Risk-Free Path”

Federal Reserve Chair Jerome Powell said the U.S. job market is showing signs of softening, suggesting more interest-rate cuts may be on the way. Speaking before the National Association for Business ... Read More

Fed’s Daly Backs December Rate Cut, Citing Vulnerable Labor Market

The views of the San Francisco Fed president are significant because she has rarely deviated publicly from the position of Chair Jerome Powell. Read More

Fed says the job market feels terrible without mass layoff notices

The American job market is sending mixed signals: official data still shows relatively low unemployment and steady paychecks, yet workers describe their prospects as bleak and employers are quietly ... Read More

With inflation and jobs in ‘tension,’ Powell warns of the Fed’s tightrope on interest rates

The Federal Reserve is doing a difficult balancing act, trying to tamp down inflation while lifting up the job market, Chair Jerome Powell said Tuesday. “There is no risk-free path for policy as we ... Read More

Fed Chair Powell says hiring slowdown poses economic risks, hinting at more interest rate cuts

Federal Reserve Chair Jerome Powell on Tuesday emphasized that a sharp slowdown in hiring poses a growing risk to the U.S. economy, a sign that the central bank will likely cut its key interest rate ... Read More

Fed's Powell says economy may be on firmer footing, but job market weak

Powell says Fed taking meeting-by-meeting approach to interest rate cuts Fed chief says elevated inflation partly due to impact of tariffs Hiring and layoffs remained low through September, he says ... Read More

Fed's Powell Addresses Economy Pulled Between Risks to Growth, Jobs and Prices

PHILADELPHIA (Reuters) -Federal Reserve Chair Jerome Powell on Tuesday delivers his last scheduled remarks before the Fed's next meeting with the economy enjoying stronger-than-expected growth and a ... Read More

Why a shift in tone from the Fed fueled a stock market surge

Several members of the Federal Reserve openly signaled support for an interest rate cut after weeks of saying odds were 50% or less. Read More