Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last full month of Joe Biden's presidency and leaving Federal Reserve policymakers to puzzle over the need for more interest rate cuts in a strong economy.
Some economists are now contemplating what was previously unthinkable — and they are focused on the personal-consumption ...
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.
Federal Reserve Bank of Kansas City President Jeff Schmid said he favors slowing the pace of interest-rate cuts and only ...
The Federal Reserve might be unable to lower its benchmark lending rate until late in the autumn, market-derived data ...
The Fed's latest meeting minutes showed concern that inflation could remain sticky, partly because of Trump's trade policy.
The U.S. added 256,000 jobs in December, the Bureau of Labor Statistics reported Friday. The number may give the Federal ...
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