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Strong hiring hints at more work ahead for the Fed, but wages cool.
Posted inFederal Reserve System Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates) United States Economy Wages and Salaries

Strong hiring hints at more work ahead for the Fed, but wages cool.

The Fed is tracking incoming labor figures as it decides how high interest rates need to go and how long they should stay elevated.
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Posted by By Jeanna Smialek
U.S. employers added 517,000 jobs in January.
Posted inFederal Reserve System Hiring and Promotion Inflation (Economics) Interest Rates Labor and Jobs Labor Department (US) Prices (Fares, Fees and Rates) Unemployment United States Economy Wages and Salaries

U.S. employers added 517,000 jobs in January.

The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.
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Posted by By Sydney Ember
U.S. employers added 517,000 jobs in January.
Posted inFederal Reserve System Hiring and Promotion Inflation (Economics) Interest Rates Labor and Jobs Labor Department (US) Prices (Fares, Fees and Rates) Unemployment United States Economy Wages and Salaries

U.S. employers added 517,000 jobs in January.

The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.
Read More
Posted by By Sydney Ember
Is It Time for a High-Yield Savings Account? What to Know About Rates.
Posted inBanking and Financial Institutions Certificates of Deposit Content Type: Service Federal Reserve System Inflation (Economics) Interest Rates Personal Finances Savings

Is It Time for a High-Yield Savings Account? What to Know About Rates.

Some online banks offer yields of 3.3 percent or more, but savers may be reluctant to open one because they think it will be a hassle.
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Posted by By Ann Carrns

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