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Sep. jobs report builds case for smaller Fed rate cut
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 was "a mistake," in hindsight.
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 interest rates over the next 12 to 18 months.
Fed's Goolsbee calls jobs report 'superb,' still sees rate cuts ahead
Chicago Federal Reserve President Austan Goolsbee on Friday called the latest U.S. jobs report "superb" and said more labor market data along those lines would boost his confidence the economy is at full employment with low inflation.
Job growth expected to be solid
Jobs Report Adds to Economic Momentum for Harris
In recent weeks, reports have shown inflation slowing and the economy growing at a robust clip. The Federal Reserve has also cut interest rates, bringing mortgage rates down.
US job growth surges past expectations, showing economy's strength
The surprisingly solid numbers put Fed Chair Jerome Powell on course to reduce interest rates by a modest quarter of a point when the central bank holds its next meeting.
Job growth expected to be solid as election nears
The September jobs report to be released Friday morning by the Labor Department, provides one of the last snapshots of the state of the economy before the November presidential election.
1h
on MSN
Fed close to pulling off the elusive economic soft landing in 2024 after great September jobs report
If this sounds like a Goldilocks scenario, it's probably not far from it, even with the lingering inflation concerns.
5h
September Jobs Report: Looser Fed Policy, Payrolls Surge
The September jobs report had 254,000 jobs added, unemployment down, wage growth up. Check out on the report and implications ...
2h
September jobs report: Payrolls rise 254,000 as unemployment rate slips to 4.1%
The labor force participation rate among women ages 25 to 54, their prime working years, dipped to 78.1% September, from 78.4 ...
2h
on MSN
Friday’s jobs report could be the last normal one for a while
September’s jobs report, due out Friday morning, is expected to show that the US labor market has slowed somewhat but remains ...
2h
on MSN
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 ...
1d
on MSN
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 ...
EconoTimes
1d
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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