The Labor Department issued revised figures for the 12 months through March that point to greater economic fragility.
Category: Federal Reserve System
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Investors Brace for a Jobs Wipeout
Economists forecast that a revision to payrolls data could undercut a robust picture of the labor market, further pressuring the Federal Reserve to cut rates.
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Americans Growing Worried About Losing Their Jobs, Labor Survey Shows
The New York Fed’s labor market survey showed cracks just as Jerome H. Powell, the Fed chair, prepares for a closely watched Friday speech.
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The Big Number: 2.9%
The rate of inflation in July on a yearly basis.
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The economy moves center stage in the election
Inflation is cooling but hiring is slowing as Kamala Harris and Donald Trump fine tune their pitch to voters.
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Cooling inflation ‘ticks the box’ for a Fed rate cut.
Federal Reserve policymakers are expected to cut interest rates at their meeting next month, but policymakers will be watching fresh inflation data ahead of the decision.
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Investors Brace for Another Big Week in the Markets
A new batch of inflation data and earnings from major retailers will again put the spotlight on consumer confidence and economic growth.
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Trump Makes a Demand for Say Over the Fed
The former president made his clearest statement yet that he wants influence over the central bank’s rate policy if he wins re-election.
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How to Cope When the Markets Panic
Take a deep breath and make sure you’re well positioned for a potential storm, our columnist says. But stick it out for the long haul.
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Trump Suggests that President Should Have a ‘Say’ in Interest Rates
Donald J. Trump suggested presidents should have input on interest rates, a comment likely to stoke fears that he could try to limit the Federal Reserve’s political independence.
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Fed Rate Cuts Are Expected Soon, as Inflation Cools. But Will They Be Early Enough to Avoid a Recession?
The Federal Reserve was about to cut interest rates, turning the corner after a long fight with inflation. But now, its soft landing is in question.
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As Markets Rock, a Reporter Stays Steady
Joe Rennison, who covers financial markets for The New York Times, raced home from vacation when a slowdown in the U.S. economy sparked widespread worry.