The Fed's 25bps cut highlights growing labor market concerns, with more cuts expected in 2025 amid shifting opportunities.
The US economy added just 22,000 jobs in August and the unemployment rate rose to 4.3%, the highest since 2021.
FOMC has cut the benchmark interest rates by 25 bps to 4%-4.25%, and has signaled two more rate cuts this year. Asian markets ...
New Federal Reserve governor Stephen Miran said Monday he wants central bank interest rates to be roughly 2 percentage points ...
Experts see 25-basis point rate cut easing pressure on US job market, while seeing different outcomes on its effects on ...
While the Federal Reserve cut its benchmark interest rate Wednesday for the first time in nine months, Americans shouldn’t ...
Read how rising 10Y Treasury yields and inflation risks could impact the S&P 500 bubble. Access the full analysis on macro ...
The S&P 500 Index ($SPX) (SPY) today is up +0.83%, the Dow Jones Industrials Index ($DOWI) (DIA) is up +0.77%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.93% ...
"The U.S. labor market experience is peculiar," UBS' Paul Donovan wrote in a UBS note asking, "the kids are alright?" ...
12don MSN
Fed cuts interest rate amid tanking jobs market, ‘historically unusual’ economic conditions
The quarter point cut announced Wednesday, which puts the monetary body’s target rate in the 4.0% to 4.25% range, is the ...
Michael Strain argues that US interest rate cuts this year will have to be reversed in 2026 as inflation re-accelerates ...
Jobless rate climbs to 4.3% - highest since 2021- as economy generates just 22,000 jobs, less than a third of the consensus forecast The economy added a skimpy 22,000 new jobs in August and the ...
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