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San Francisco Fed President Daly sees interest rate cuts coming as labor market weakens

San Francisco Federal Reserve President Mary Daly on Monday said she expects that interest rates will be cut later this…

Chicago Fed President Goolsbee says if economy deteriorates, Fed will ‘fix it’

Chicago Federal Reserve President Austan Goolsbee on Monday vowed that the central bank would react to signs of weakness in…

Job growth totals 114,000 in July, much less than expected, as unemployment rate rises to 4.3%

Job growth in the U.S. slowed much more than expected during July and the unemployment rate ticked higher, fueling fears…

Here’s everything you need to know about Friday’s big jobs report

The U.S. labor market may have cooled some in July, as a gradual slowdown in the economy and Hurricane Beryl…

Markets are clamoring for the Fed to start cutting soon: ‘What is it they’re looking for?’

If the Federal Reserve is starting to set the table for interest rate reductions, some parts of the market are…

Fed holds rates steady and notes progress on inflation

WASHINGTON – Federal Reserve officials on Wednesday held short-term interest rates steady but indicated that inflation is getting closer to…

Private payroll growth slowed to 122,000 in July, less than expected, ADP says

Private job growth slowed further in July while the pace of wage gains hit a three-year low, payrolls processing firm…

Fed’s key inflation gauge rose 2.5% in June from a year ago, easing path to rate cut

An important gauge for the Federal Reserve showed inflation eased slightly from a year ago in June, helping to open…