Jobs News Markets Are Reacting To Jobs Over Inflation Why The Fed Needs More Convincing And 5 Other Things To Know Today

Fed's Bowman is more concerned with the labor market than inflation

Michelle Bowman, the Federal Reserve's Vice Chair for Supervision, believes that the reduced level of jobs growth is more concerning than inflation hovering above the Fed's goal, she said on Tuesday. Read More

Fed Cuts Interest Rates Again to Protect Jobs as Economic Risks Grow

Key Takeaways The Federal Reserve lowered its key interest rate today by a quarter of a percentage point, as widely expected.Fed officials aim to boost the faltering job market as concerns over ... 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

Is the Fed Too Confident About Inflation? Some Economists Think So.

The central bank confronts “no risk-free path” in balancing the risks of a sharp slowdown in the labor market and resurgent price pressures. By Colby Smith Colby Smith covers the Federal Reserve. Read More

The Fed still hasn’t defeated high inflation. Has it failed?

The Federal Reserve stepped in last month to safeguard America’s labor market, cutting rates by a quarter point to shore up a slowdown in hiring. But it has another equally important problem still to ... Read More

Fed last month saw rising risks to job market, but remained wary on inflation

WASHINGTON, Oct 8 (Reuters) - Federal Reserve officials agreed at their recent policy meeting that risks to the U.S. job market had increased enough to warrant an interest rate cut, but remained wary ... Read More