The U.S. labor market is at a healthy point, despite the robust payroll growth experienced at the end of the year, Federal Reserve Chair Jerome Powell said Wednesday. Powell said during Wednesday’s ne
The number of Americans filing for jobless benefits fell last week in a sign that the labor market remains strong.
The Federal Reserve kept its benchmark interest rate unchanged at 4.25% to 4.50%, signaling a wait-and-see approach amid strong economic growth and moderating inflation. Fed Chair Jerome Powell emphasized that policymakers are "not on any preset course,
The number of Americans filing new applications for unemployment benefits rose marginally last week, suggesting no deterioration in labor market conditions and reinforcing expectations that the Federal Reserve would not cut interest rates next week.
The Fed just hit the brakes again. No rate cuts. No policy pivot. Minutes from their Jan. 28-29 meeting reveal they’re sticking to the 4.25% to 4.50% federal funds rate. Why? Inflation’s still hanging around.
A pair of language changes in the Federal Reserve's policy statement is setting the tone in markets, pushing up Treasury yields and the dollar and putting pressure on stocks. At the top of the list, t
The number of Americans filing for unemployment benefits rose slightly last week, yet labor market conditions remain stable. The Federal Reserve is expected to maintain interest rates due to minimal stress in job markets.
U.S. Treasury yields were little changed on Thursday as investors weighed the Federal Reserve's first interest rate decision of 2025.
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The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
President Donald Trump’s executive order putting an end to remote work for federal workers is poised to change the job setup of more than a million employees.
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation remains above its 2% target: Its preferred measure is at 2.4%, though core prices — considered a better gauge of where inflation is headed — rose 2.8% in November from a year ago.