Economists have forecast that employers created 225,000 jobs last month. A bigger-than-expected number could complicate the Federal Reserve’s efforts to tame inflation.
Category: Federal Reserve System
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Fed Rate Increases Hinge on Strength of Jobs and Economy
How much more the Federal Reserve raises interest rates this year will hinge on the strength of the economy — particularly the labor market.
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Job Openings Dipped in May, a Sign of Continued Cooling
Hiring was largely unchanged, and the number of workers quitting their jobs increased. The data will be watched closely by Federal Reserve policymakers.
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Fed Officials Were Wary About Slow Inflation Progress at June Meeting
Federal Reserve officials are debating how high to raise interest rates to fully wrangle inflation. The debate was in focus at their meeting last month.
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Fed Officials Were Wary About Slow Inflation Progress at June Meeting
Federal Reserve officials are debating how high to raise interest rates to fully wrangle inflation. The debate was in focus at their meeting last month.
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How Inflation and Interest Rates Vary Around the World
Prices are still rising too fast for comfort in many major economies, and policymakers across the globe are trying to wrestle them under control.
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At the Front Lines of the Inflation Fight, Uncertainty Reigns
Central bankers and economists gathered this week and, amid concerns about persistent inflation, wondered about all the things they still don’t know.
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Key Inflation Gauge Cooled in May, Welcome News for Federal Reserve
The Federal Reserve is monitoring “core” price increases for a hint at how inflation will develop. They slowed slightly in May.
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Fed Chair Says He Expects Slower Rate Increases to Continue
After rapid interest rate increases, Federal Reserve officials could move to a steadily slower pace — though they aren’t ready to commit.
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Stress Tests Show Largest Banks Are Sturdy, Fed Says
The Federal Reserve tested banks’ ability to endure a real estate crash, high unemployment and trading turmoil.
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Top Central Bankers Expect More Rate Increases Amid Stubborn Inflation
The heads of the Federal Reserve, European Central Bank and Bank of England said that while inflation was moderating somewhat there was still more work to be done.
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Can Bidenomics Revive Biden’s 2024 Presidential Bid?
The president plans to extol his economic achievements in a big campaign-style speech. But inflation and recession fears could overshadow the message.