The numbers: Initial jobless claims fell by a seasonally adjusted 1,000 to 205,000 in the week ended Jan. 7, the Labor Department said Thursday. Economists polled by The Wall Street Read more
Tag: FED
Inflation slows again at the end of 2022 and clears path for slower Fed rate hikes
The numbers: The U.S. cost of living fell 0.1% in December and posted the first decline since the onset of the pandemic in 2020, pointing to a further slowdown inflation Read more
U.S. stocks struggle for direction after Fed Chair Powell speech in Sweden
U.S. stocks were struggling for direction soon after the opening bell Tuesday, following Federal Reserve Chair Jerome Powell’s speech in Sweden amid investor concern over inflation and economic slowdown. The Read more
The Fed is not a ‘climate-policy maker,’ Powell says
The Federal Reserve has only a “narrow” role regarding climate change risks – to make sure banks understand and manage the financial risks associated with warming temperatures, the central bank’s Read more
‘Markets are going to get rocked’ as Fed is likely to push rates higher, economist warns
The Federal Reserve is likely to raise interest rates more than the markets now expect, says Ricardo Reis, an economist at the London School of Economics. “Markets are going to Read more
MarketWatch Live: Fed futures now foresee smaller rate moves in February, March
MarketWatch Live: Fed futures now foresee smaller rate moves in February, March
Dow drops 300 points as strong jobs data suggests more aggressive Fed rate hikes
U.S. stocks finished lower on Thursday, with the Dow dropping more than 300 points, as strong jobs data and hawkish Fed commentary signaled more aggressive Federal Reserve interest-rate hikes to Read more
Jobless claims fall to 3 1/2-month low of 204,000 in sign labor market still too hot for the Fed
The numbers: The number of Americans who applied for unemployment benefits in the last week of 2022 fell to a three-and-a-half month low of 204,000, offering little evidence that the Read more
No Fed official expects an interest-rate cut to be appropriate this year, meeting minutes show
None of the 19 top Federal Reserve officials expect it will be appropriate to cut interest rates this year, according to the minutes of the central bank’s December policy meeting, Read more
MarketWatch Live: Stocks struggling to hold gains as Wall St. awaits Fed minutes
MarketWatch Live: Stocks struggling to hold gains as Wall St. awaits Fed minutes