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FED RATE CUT IMPACT ON JOBS
Tech layoffs were just the start: 1.6 million more US job cuts could push America toward recessionUS technology layoffs have crossed 200,000 in 2026, with Google, Microsoft, Amazon and other major companies cutting jobs. But the bigger c...
US Treasury chief says Fed should not hike rates over energy shock tied to Iran warDuring his speech, US Treasury Secretary Scott Bessent advocated for the Federal Reserve to keep an open mind about interest rate adjustmen...
Hammack, Goolsbee signal need for restrictive rate policy as inflation persistsCleveland Fed President Beth Hammack called for higher interest rates to bring inflation back to the 2% target, warning that persistent pri...
Goldman Sachs forecasts additional Fed rate hike in March after hotter US inflation dataGoldman Sachs expects the US Federal Reserve to deliver an additional 25-basis-point rate hike in March after October inflation data came i...
US treasury yields jump: What does it mean for mortgage rates?Higher interest rates can help rein in inflation, but they do so by making it more expensive for everyone to borrow money.
Fed’s Christopher Waller opens door to 50-basis-point December rate hike after hot CPIFederal Reserve Governor Christopher Waller has raised the possibility of a 50-basis-point December rate hike after US core inflation rose ...
CPI report today: What is current US Fed interest rate? Will inflation data force US Fed to go for interest rate hike?CPI data today: Inflation report is running well above the US central bank's 2 per cent target. The US-Israeli war with Iran has boosted oi...
Americans growing more worried about jobs amid rising prices, finds NY Fed survey* NY Fed survey finds rising worry over future unemployment * NY Fed poll finds little change in expected inflation * NY Fed survey reports...
Fed’s Barkin urges rate policy caution, Goolsbee warns of inflation concerns as AI risks loomRichmond Fed President Tom Barkin emphasized the need for caution in managing inflation and its policy risks. He mentioned that inflation c...
US dollar dips as easing AI and Mideast worries limit its appealAfter a six-month high, the US dollar is now on a downward trend, largely spurred by impressive job growth figures. Investors are eagerly a...
US dollar holds onto payrolls gains, NZ dollar rises after electionDollar index steadies at 102.20 after jumping about 0.7% Friday * Fed hike bets rekindled after receding amid AI stock selloff * NZ ballot ...
Gold edges up as softer crude tempers inflation concernsGold prices edged higher on Monday as softer oil prices eased inflation concerns, though gains were capped by expectations that the Federal...
Voters demanded economic relief. Trump and Democrats face tough choices on how to deliverVoters have conveyed a clear message about the necessity of addressing inflation and economic issues. Both parties are preparing to respond...
US employers add 165,000 jobs in October, but worrying joblessness trends remain: Here's what the latest numbers mean for youUS employers added 165,000 jobs in October, resulting in a decrease in the unemployment rate to 4.1 percent. Average hourly earnings saw a ...
NY Fed's John Williams flags need to gather more information on inflation risks before rate decisionsFederal Reserve officials John Williams and Alberto Musalem have flagged persistent inflation risks, with rapid AI infrastructure investmen...
Federal Reserve rate hike bets strengthen as US jobs growth beats estimatesStronger than expected US jobs growth has revived expectations of a December Federal Reserve rate hike, with employers adding 165,000 jobs ...
US stock market today: Why is the Nasdaq up 1% while the Dow Jones falls? S&P 500 turns green amid tech stock volatility and Fed rate hike fears over strong October jobs reportUS stock market today: Wall Street is seeing a split recovery on Friday after Thursday's AI-led sell-off. The Nasdaq has jumped 1.02%, whil...
- US employers added a surprising 165,000 jobs in October; unemployment rate dipped to 4.1%
US employers added 165,000 jobs last month, surpassing economists' expectations and bringing the unemployment rate down to 4.1%. The Labor ...
Fed's Beth Hammack and Thomas Barkin favour gradual rate hikes as inflation stays highTwo officials from the Federal Reserve have supported modest and steady interest rate increases to combat high inflation. They believe thes...
Democrats’ Senate win could shield Federal Reserve from Trump’s influence, but risks persistDemocrats’ midterm victory could strengthen the Federal Reserve’s independence by limiting President Donald Trump’s ability to appoint alli...