U.S. stock futures turn lower after much stronger-than-expected jobs report reinforces Fed rate hike expectations
admin U.S. stock-index futures turned lower Friday morning after a much stronger than expected reading on…
Read MoreInterest Rates
Jobs shocker: U.S. adds 528,000 jobs in July and unemployment falls to pre-pandemic levels
The numbers The U.S. added a surprisingly strong 528,000 new jobs in July and the…
Read MoreFed’s Mester backs higher interest rates until inflation begins to fade
The president of the Cleveland Federal Reserve said Thursday that the central bank needs to…
Read MoreMortgage rates drop to lowest level since April amid ‘high uncertainty’
The 30-year fixed-rate mortgage averaged 4.99% as of August 4, according to data released by…
Read MoreMortgage rates drop as ‘high uncertainty’ creates volatility
The 30-year fixed-rate mortgage averaged 4.99% as of August 4, according to data released by…
Read MoreU.K. recession looms warns Bank of England as it hikes interest rates by most in 27 years
The Bank of England hiked interest rates by the most in 27 years on Thursday…
Read MoreOpinion: Higher prices lead to higher wages, which fuel higher prices. The Fed must break this cycle with aggressive rate increases.
CAMBRIDGE, Mass. (Project Syndicate)—Recent price- and wage-growth data make it increasingly clear that the U.S.…
Read MoreFed’s Bullard says U.S. can conquer high inflation and avoid a recession
The president of the St. Louis Federal Reserve contends the central bank can restore inflation…
Read MoreTop Fed officials say U.S. interest rates to keep rising until high inflation eases
Two top officials at the Federal Reserve on Tuesday said the U.S. central bank needs…
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‘A clear sign that the U.S. economy is not in a recession’: Economists react to blowout July jobs report
The July jobs report on Friday showed the U.S. economy gained 528,000 jobs last month,…
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