Powell, Jerome H – Page 31

Blockbuster Jobs Report Backs Up Fed’s Patience as It Waits to Cut Rates

Given continued strength of the economy, the Federal Reserve is unlikely to feel pressure to cut interest rates at its next meeting in March.

By Jeanna Smialek

Consumer Behavior Federal Reserve System Hiring and Promotion Interest Rates Labor and Jobs Powell, Jerome H Prices (Fares, Fees and Rates) United States Economy

Economists Expected a Hiring Slowdown. So Much for That.

Jobs and wage gains remain robust despite the Federal Reserve’s campaign to cool the economy, surprising policymakers and economic forecasters.

By Jeanna Smialek

Content Type: Service Fair, Ray C Interest Rates Personal Finances Powell, Jerome H Standard & Poor's 500-Stock Index Stocks and Bonds Unemployment United States Economy Volcker, Paul A

The Markets Want Rate Cuts but The Fed Is Taking Its Time

Vague comments about possible future rate cuts were all that central bankers gave the markets. Patience will be difficult at this tricky moment, our columnist says.

By Jeff Sommer

Biden, Joseph R Jr Brainard, Lael Federal Reserve System Interest Rates Powell, Jerome H United States Economy

Interest Rate Cuts Could Be a Boon to Biden

The Federal Reserve is independent of the White House, but lower rates could improve the president’s standing among voters.

By Jim Tankersley