Slowing Inflation, Labor Market Open Door for Rate Cuts, Fed’s Kugler Says
Inflation is trending toward a 2% annual rate, while the job market has returned to better balance, the central bank governor said,
Fed Might Focus on Weakening Labor Market Rather Than Inflation as It Mulls Rate Cuts: Economists
A weakening labor market could persuade the Fed to cut rates even as inflation is not yet back to the Fed's 2% goal.
US labor market losing steam as unemployment rate climbs to 4.1%
U.S. employment increased solidly in June, but government hiring accounted for more than a third of the payrolls gain and the unemployment rate hit a 2-1/2-year high of 4.1%, pointing to a slackening labor market that keeps the Federal Reserve on course to start cutting interest rates this year.
Fed’s Kugler Repeats Rate Cut Likely Appropriate Later This Year
Federal Reserve Governor Adriana Kugler said it would be appropriate to lower borrowing costs “later this year” if inflation continues to moderate alongside a cooling, yet resilient labor market.
Fed should cut rates 'sooner rather than later' if unemployment keeps rising: Kugler
Federal Reserve Governor Adriana Kugler said Tuesday that it would be appropriate for the U.S. central bank to cut rates "sooner rather than later" should the labor market weaken too much. She reiterated that "it will be appropriate to begin easing monetary policy later this year,
US Fed Official Suggests Apt To Cut Rates Sooner If Layoffs Rise
A senior US central bank official said in remarks prepared for delivery Tuesday that it might be apt to lower interest rates sooner rather than later if the job market cools "too much."
What Immigration Is Doing to America's Labor Market
Analysis of legal and undocumented migrants showed that in areas with large numbers of new arrivals, more empty jobs were ...
Immigration is soaring. Here’s what it’s doing to the labor market.
The strong migration flow into the U.S. over the past few years is easing tight labor markets, according to a Monday letter ...
Fewer Americans applied for jobless claims last week as labor market remains sturdy
Fewer Americans filed for unemployment benefits last week as the labor market remains sturdy despite high interest rates ...
Axios on MSN5d
Federal Reserve chair says America's labor market is back in balance
Federal Reserve chair Jerome Powell arriving to testify before the Senate Banking, Housing, and Urban Affairs Committee on ...
Employers added 206,000 jobs in June as sturdy labor market gradually cools
The June job gains, which came in stronger than expected, marked a downshift from the revised 218,000 roles added in May.
The labor market reflects continued resilience amid slowdown
The latest report from the Bureau of Labor Statistics is expected to show that jobs growth has moderated to about 190,000 new ...
Yellen Echoes Powell Saying Labor Market Now Less Inflationary
Treasury Secretary Janet Yellen said the labor market is no longer driving inflation in the US economy to the extent it was ...
Swedish labor market consensus is far from the whole story, says researcher
Swedish labor market policy was not solely shaped by inter-class cooperation, but also by tough conflicts. Industrial ...
Cooling Labor Market Sets Up Debate Over September Interest-Rate Cut
Friday's jobs report showed solid hiring in June, plus signs the U.S. labor market gradually cooled in the second quarter.
The Stock Market Faces ‘triple-Whammy Threat’ As S&P 500, Nasdaq, Dow Hover Near Record Highs
The S&P 500, Nasdaq, and Dow are heading back to all-time highs, but one analyst suggests not popping the cork yet ...