Solid Labor Market Gives Fed Cover to Extend Rate Pause
Across a number of metrics, the labor market looks remarkably stable even as it has cooled. Monthly jobs growth has stayed solid and the unemployment rate has barely budged from its current level of 4 ...
Wildfires, snow and holiday shopping. Here’s what likely influenced Friday’s jobs numbers
Trump, via the Elon Musk-spearheaded Department of Government Efficiency, is in the process of gutting some federal agencies. It remains to be seen how deep the job cuts will go, but those offered ...
January Jobs Report: What to Watch in the Release
Economists are betting that 2025 kicked off with cooler levels of job growth. But overall stable labor conditions should keep ...
Job Growth Likely Started 2025 on Cooler Note
Economists are betting that 2025 kicked off with cooler levels of job growth. But overall stable labor conditions should keep ...
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Boston Fed maps out inflation response to Trump trade tariffs
The full suite of tariffs sought by the Trump administration would have created notable upward pressure for already high ...
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, ...