The Labor Department issued revised figures for the 12 months through March that point to greater economic fragility.
Category: Interest Rates
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Americans Growing Worried About Losing Their Jobs, Labor Survey Shows
The New York Fed’s labor market survey showed cracks just as Jerome H. Powell, the Fed chair, prepares for a closely watched Friday speech.
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The Big Number: 2.9%
The rate of inflation in July on a yearly basis.
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The End of Fabulous Money Market Rates Is Near
You have been able to earn solid returns by parking your money in fairly safe places, our columnist says. But that won’t last much longer.
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U.K. Economy Buoyed by Reports on Growth, Inflation and Jobs
After ending last year in a recession, Britain’s economy has so far bounced back this year.
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Cooling inflation ‘ticks the box’ for a Fed rate cut.
Federal Reserve policymakers are expected to cut interest rates at their meeting next month, but policymakers will be watching fresh inflation data ahead of the decision.
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Trump Makes a Demand for Say Over the Fed
The former president made his clearest statement yet that he wants influence over the central bank’s rate policy if he wins re-election.
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Trump Suggests that President Should Have a ‘Say’ in Interest Rates
Donald J. Trump suggested presidents should have input on interest rates, a comment likely to stoke fears that he could try to limit the Federal Reserve’s political independence.
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30-Year Home Mortgage Rate Falls to 6.47%
The key mortgage rate had its biggest one-week decline of the year, falling to the lowest level in 15 months.
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Fed Rate Cuts Are Expected Soon, as Inflation Cools. But Will They Be Early Enough to Avoid a Recession?
The Federal Reserve was about to cut interest rates, turning the corner after a long fight with inflation. But now, its soft landing is in question.
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Why Japan Was Crushed Most in the Global Market Rout
The fragility of a more-than-year-long stock rally in Japan, fueled in part by a weak yen, has been exposed by the sudden strengthening of the currency.
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What’s Behind All the Stock Market Drama?
Analysts and investors have many explanations, including worries about the health of the U.S. economy and shifts in the value of the Japanese yen.