jerome powell

Nonfarm payroll growth revised down by 818,000, Labor Department says

The U.S. economy created 818,000 fewer jobs than originally reported in the 12-month period through March 2024, the Labor Department…

Harris responds to Trump Fed comments, will release economic plan in coming days

Vice President Kamala Harris on Saturday fiercely disagreed with former President Donald Trump’s suggestion this week that U.S. presidents should…

Trump says he should get a say on Federal Reserve interest rate decisions

Republican presidential nominee Donald Trump on Thursday said that he should have a voice when the Federal Reserve makes its…

Markets are counting on the Fed to head off recession with sizable interest rate cuts

In the market’s eyes, the Federal Reserve finds itself either poised to head off a recession or doomed to repeat…

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…

Here’s everything you need to know about the Fed decision coming Wednesday

This week’s Federal Reserve meeting is not much about the present but potentially very much about the future. If things…

Traders see the odds of a Fed rate cut by September at 100%

Traders are now 100% certain the Federal Reserve will cut interest rates by September. There are now 93.3% odds that…