Inflation Cooled in August, Keeping the Fed Poised to Cut Rates
Consumer Price Index inflation continued to cool, reaching a new three-year low. But signs of stubbornness lingered under the surface.
Posted inBanking and Financial Institutions Barr, Michael S Basel Committee on Banking Supervision Federal Reserve System Lobbying and Lobbyists Regulation and Deregulation of Industry
After Fierce Lobbying, Regulators Soften Proposed Rules on Banks
A top Federal Reserve official said that blowback to proposed rules on capital requirements led him to “relearn the lesson of humility.”
Posted inBanking and Financial Institutions Federal Reserve System Standard & Poor's 500-Stock Index Stocks and Bonds United States Economy
Stock Slide as Investors Wrestle With Shifting Bets on Rate Cuts
The stock market “can’t win” at the moment, said Andrew Brenner, head of international fixed income at National Alliance Securities. “Heads I lose, tails I lose.”
Posted inFederal Reserve System Hiring and Promotion Interest Rates Labor and Jobs Labor Department (US) Layoffs and Job Reductions Unemployment United States Economy
What to know about the latest report.
Ahead of a key Federal Reserve meeting to set interest rates, employers added 142,000 jobs in August and the unemployment rate was 4.2 percent.