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Fed Officials Keep an Eye Out for Cracks in the Job Market
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Tag: | Federal Reserve |
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MarketWatch - Business
U.S. economy and jobs market are showing cracks. Fed rate cuts are not far off.
Forget the summer heat: The economy appears to have caught enough of a chill that the Federal Reserve is likely to cut interest rates soon.Federal Reserve -
The Wall Street Journal - World
Analysis: U.S. Jobs Market Cools Just Like Fed Chief Powell Wants
June payrolls were solid, but down slightly from May, while wage inflation slipped a few notches. Both continued trending toward what Powell has called ‘sustainable’ levels.Federal Reserve -
MarketWatch - Business
The legacy of a market debacle — former U.K. Prime Minister Liz Truss is out of a job
Liz Truss, who was the shortest serving prime minister in the country’s history in 2022, lost her South West Norfolk seat by around 630 votes to Labour candidate Terry Jermy.United Kingdom -
The Wall Street Journal - World
Fed Officials Signaled No Hurry to Cut Rates
The minutes of their last meeting suggested some are on alert for signs of labor-market deteriorationFederal Reserve -
The Wall Street Journal - World
The Nasdaq and S&P 500 gained 0.9% and 0.5% Friday to close out the week at fresh highs while the Dow edged higher after the jobs report shored up hopes that the Fed will cut rates.
The Nasdaq and S&P 500 gained 0.9% and 0.5% Friday to close out the week at fresh highs while the Dow edged higher after the jobs report shored up hopes that the Fed will cut rates. -
Financial Times - World
Fed officials wanted ‘greater confidence’ that US inflation was cooling
Minutes of June meeting showed some officials were concerned about effect of high rates on job marketFederal Reserve -
ESPN - Sports
Knee swelling keeps Bronny out of Lakers lineup
While Bronny James was out for Sunday's summer league game because of knee swelling, the Lakers rookie is expected to play Wednesday.NBA -
The New York Times - Business
What June Jobs Report Could Mean for Interest Rates
As unemployment ticks up and wage growth cools, Federal Reserve officials are watching for signs that the job market is about to crack. -
The Wall Street Journal - World
Nasdaq Rises After Jobs Report Keeps Rate Cuts in Play
The S&P 500 and Nasdaq Composite were poised to hit fresh closing peaks, after reaching new records ahead of the Fourth of July holiday. The Dow industrials were roughly flat.
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