mosaec

Fed Officials Will Parse Jobs Numbers to Assess Economy’s Momentum

Federal Reserve System Interest Rates Labor and Jobs Powell, Jerome H United States Economy Wages and Salaries

Fed Officials Will Parse Jobs Numbers to Assess Economy’s Momentum

The employment report could be an important factor as central bankers contemplate the future of interest rate policy.

By Jeanna Smialek

The Fed’s Preferred Inflation Gauge Ticked Up in July

Consumer Price Index Federal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H Prices (Fares, Fees and Rates) United States Economy

The Fed’s Preferred Inflation Gauge Ticked Up in July

Overall inflation climbed to 3.3 percent, from 3 percent previously, underscoring the Fed’s long road back to 2 percent price increases.

By Jeanna Smialek

Job Openings Dropped in July as Labor Market Cooled

Federal Reserve System Hiring and Promotion Inflation (Economics) Interest Rates Labor and Jobs Labor Department (US) Layoffs and Job Reductions United States Economy

Job Openings Dropped in July as Labor Market Cooled

Vacancies fell to 8.8 million, the lowest level since March 2021.

By J. Edward Moreno

At Jackson Hole, Powell Faces a Changed Economy and Market

Banking and Financial Institutions Economic Conditions and Trends Federal Reserve Bank of Kansas City Federal Reserve System Government Bonds Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H United States Economy

At Jackson Hole, Powell Faces a Changed Economy and Market

Jerome Powell, the Federal Reserve chair, warned in 2022 that the central bank might hurt the economy to cool inflation. This year, things look less dire.

By Jeanna Smialek and Joe Rennison