Larry Summers says jobs report shows Fed's half-point rate cut was 'a mistake'
Famed economist Larry Summers said Friday that the September jobs report shows the Federal Reserve's 50-basis point rate cut ...
A ‘grand slam’ jobs report could shift the Fed’s rate cut plans
They don’t really need to be in a rush right now,” Elyse Ausenbaugh, head of investment strategy at J.P. Morgan Wealth ...
Hot jobs report doesn’t change Fed’s rate 'calculus': Goolsbee
Chicago Fed president Austan Goolsbee doesn’t think a hot jobs report released Friday will alter the downward path of ...
El-Erian Warns Fed After Jobs Data: ‘Inflation Is Not Dead’
Mohamed El-Erian says the Federal Reserve needs to renew its focus on its fight against rising prices after September’s ...
Blockbuster jobs report paves way for US economy to avoid recession in 'soft landing,' experts say
A blockbuster jobs report on Friday paved the way toward a soft landing, in which inflation returns to normal levels while ...
Dollar hits one-month peak to yen as Fed seen taking time with rate cuts
The dollar rose to a one-month high versus the yen on Thursday as robustness in the U.S. jobs market backed the idea that the ...
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Federal Reserve Rate Cut Expected to Downshift, But Larger Cuts Remain Possible
During its remaining policy meetings this year, the Federal Reserve is expected to downshift to smaller interest rate cuts.
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Surging jobs, wages, keep Fed base case of quarter point cuts on track
US Federal Reserve concerns about a slowing job market were relieved for at least another month when new data on Friday ...