Labor market is key focus of Fed rate cut, says Morgan Stanley's Jim Caron
David Kelly, JPMorgan Asset Management chief global strategist; Jim Caron, Morgan Stanley Investment Management CIO of cross ...
Fed Statement Points to Cooling Labor Market, Implies More Rate Cuts to Come
The Federal Open Market Committee’s policy statement on Thursday acknowledged a softening labor market and continued to ...
Companies dial back on big pay raises in post-pandemic labor market
Pay raises remained relatively stable this year but companies dialed back on big salary increases amid a slower job market. A ...
US weekly jobless claims rise marginally; unit labor costs stir inflation fears
The number of Americans filing new applications for unemployment benefits rose slightly last week, suggesting no material ...
The Economist9d
Labour’s budget has given the bond market indigestion
If there is one moment of Tory excess that the Labour Party has long sought to define itself against, it is Liz Truss’s ...
Fed's Powell says labor market weaker than in 2019
Federal Reserve Chairman Jerome Powell said the U.S. jobs market is probably weaker now compared to just before the pandemic broke out in March 20202, based on a broad array of labor market data. The ...
The Economic Times on MSN2d
Fed cuts rates, notes labor market easing and solid economic growth
"Economic activity has continued to expand at a solid pace," the central bank's rate-setting Federal Open Market Committee ...
The Federal Reserve cuts interest rates again as the jobs market cools
The Federal Reserve on Thursday carried out its second consecutive interest rate cut, lowering the federal funds rate by a ...
Hosted on MSN2d
Citi's Hollenhorst Says Labor Market Is Softening
Citi Chief US Economist Andrew Hollenhorst says the labor market is softening. Jobless claims for the Nov. 2 week came in ...
American Banker2d
Federal Open Market Committee press conference: Live coverage
The Federal Reserve's Federal Open Market Committee will announce its interest rate decision at 2pm, followed by a press ...
US labor market staggers after blow from hurricanes, strikes
Polls show the race is a toss-up. Nonetheless, the labor market is cooling, with employment gains for August and September revised down by 112,000 jobs. While the unemployment rate held steady at 4.1% ...