Interest Rates – Page 156 – MOSAEC

U.S. employers added 253,000 jobs in April.

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

U.S. employers added 253,000 jobs in April.

The unemployment rate fell to 3.4 percent as the labor market showed enduring strength.

By Lydia DePillis

Powell Bets the Fed Can Slow Inflation Despite Recession Fears

Banking and Financial Institutions Federal Reserve System First Republic Bank Inflation (Economics) Interest Rates Labor and Jobs Powell, Jerome H Recession and Depression United States Economy Wages and Salaries

Powell Bets the Fed Can Slow Inflation Despite Recession Fears

Jerome H. Powell, the Federal Reserve chair, thinks his central bank can defy history to clinch slower inflation and a soft economic landing.

By Jeanna Smialek

European Central Bank Raises Rates Again, but Only a Quarter Point

Bank of England Banking and Financial Institutions Europe European Central Bank Eurozone Inflation (Economics) Interest Rates Lagarde, Christine

European Central Bank Raises Rates Again, but Only a Quarter Point

The bank said “underlying price pressures remain strong” in the eurozone, where the annual inflation rate reached 7 percent last month.

By Eshe Nelson

What Fed Rate Increases Mean for Mortgages, Credit Cards and More

Credit Cards Federal Reserve System Interest Rates Mortgages Student Loans

What Fed Rate Increases Mean for Mortgages, Credit Cards and More

Savers will benefit and borrowers can expect to pay more on credit cards, student loans and other forms of debt.

By Tara Siegel Bernard