Powell mentioned the labor market 25 times at his press conference last week, mostly calling it 'solid'
Federal Reserve Chairman Jerome Powell mentioned the labor market 25 times during his press conference last week. Over and over, he called the labor market "solid" and "good." This week, economist Tim ...
US adds 143K jobs in January in hiring slowdown; unemployment drops to 4%
US employers added 143,000 jobs in January and the unemployment rate dipped slightly, according to the Labor Department — ...
News Highlights: Top Global Markets News of the Day - Friday at 3 AM ET
The Hang Seng Tech Index, which tracks the 30 largest technology companies listed in the city, rose as much as 2.9% on Friday, reflecting a rise of more than 20% from its January low. The Reserve Bank ...
Fed Chair Powell to testify to Congress next week, his first appearance since July
Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial ...
Trump's focus on 10-year Treasury yield to cut borrowing costs raises curiosity - and problems
Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. But for ...
Bessent on Powell: ‘I’m sure he’s going to do the right thing’
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...
Trump Treasury secretary Scott Bessent relives some pressure on the Fed
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...
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US Jobs Data Highlights: US weekly jobless claims rise marginally
The US initial jobless claims data for the week ending February 1 will be released on February 6, 2025, at 7:00 PM IST (8:30 ...
Why the labor market could be the only hope for another Fed rate cut
Federal Reserve Chair Jerome Powell appears confident in the US labor market. But that means any signs of a slowdown could ...
Fed Chair Jerome Powell under pressure from Donald Trump; can the President fire him as interest rates hold steady at 4.25%-4.5%?
The Federal Reserve kept interest rates steady at 4.25% to 4.5%, despite US president Trump's call for deeper cuts. Trump has ...
Fed Chair Jerome Powell Faces Trump's Pressure: 'The President Can't Fire Me' As Interest Rates Hold Steady At 4.25%-4.5%
The Federal Reserve just held interest rates steady at 4.25% to 4.5% in its latest policy meeting on Jan. 29. No surprises here—investors saw that coming, especially with inflation cooling and job ...
What to expect Post-Fed: Between Powell’s playbook, FII exodus, and the Budget balancing act, markets may go nowhere
The Federal Reserve’s “patient” approach to effecting rate cuts may keep FIIs selling in Indian markets at a time when earnings growth and valuations provide little comfort ...