Thursday, September 19, 2024
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The Fed

Powell Flags Rising Risks to Jobs While Avoiding Rate-Cut Timing

(Bloomberg) -- Federal Reserve Chair Jerome Powell said officials are increasingly wary of potential risks to the labor market from high borrowing costs as...

Jobs, inflation data may break the US Treasury market out of narrow range

By David RandallNEW YORK (Reuters) - A series of upcoming economic reports and Congressional testimony from Federal Reserve Chairman Jerome Powell could jolt U.S....

US jobs surge casts doubt over interest rate cuts

Hiring in the US surged unexpectedly last month, continuing to defy predictions of a slowdown while raising fresh questions about when interest rates will...

Fed policy hasn’t cooled the labor market and a ‘serious consumer recession’ could strike if services jobs tumble, real estate billionaire Barry Sternlicht says

The Fed's rate hikes have had "zero impact" on the job market, Barry Sternlicht said.The real estate mogul pointed to job growth in rate-sensitive areas...

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