As central bankers contemplate whether to raise interest rates at their meeting in May, slowing hiring and wages may give them comfort.
Category: Federal Reserve System
-
Wages May Not Be Inflation’s Cause, but They’re the Focus of the Cure
While fear of a “wage-price spiral” has eased, the Federal Reserve’s course presumes job losses and risks a recession. Some see less painful remedies.
-
Investors Worry What Strong Jobs Data Means for the Economy
Inflation, recession and labor market concerns loom large over the stock market ahead of Friday’s jobs report.
-
Job Openings Fell in February, JOLTS Report Shows
The data shows the job market continues to ease off its red-hot pace, but there are still more openings than unemployed workers in the country.
-
How a Trump-Era Rollback Mattered for Silicon Valley Bank’s Demise
The New York Times – Business:An under-the-radar change to the way regional banks are supervised may have helped the bank’s rapidly growing risks to go unresolved.
-
The Fed’s Preferred Inflation Gauge Cooled Notably in February
The New York Times – Business:A closely watched measure of price increases provided encouraging news as the Fed considers when to stop raising rates.
-
How the S&P 500 is Dominated By Apple and Microsoft
The New York Times – Business:Investors in the S&P 500 are highly dependent on the fate of Microsoft, Apple and other big technology stocks. A rally in March showed how this can mask turmoil in the rest of the market.
-
Jamie Dimon Reprises 2008 Role as Rescuer of a Failing Bank
The New York Times – Business:The JPMorgan chief executive led an effort to raise $30 billion for First Republic, but no one is sure if it did any good.
-
SVB Hearing Takeaways: Bank Failures Spur a Blame Game, But Few Solutions
The New York Times – Business:Senators sharply questioned federal regulators about shortcomings in oversight after two bank failures rattled the financial system. Regulators put the blame on the banks’ management.
-
Banking Regulators Prepare for Tough Questions from Lawmakers
The New York Times – Business:Three top officials will testify in Congress about the turmoil caused by the collapse of Silicon Valley Bank, and their role in it.