Weak Job Market Prompted Interest Rate Cuts, Powell Says
Topline Federal Reserve Chair Jerome Powell on Tuesday said a weakening labor market in the U.S. has outweighed…
Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open…
Cleveland Fed’s Hammack Warns Inflation Still High, Urges Caution on Rate Cuts
Federal Reserve Bank of Cleveland President Beth Hammack said she remains laser-focused on inflation and officials should be…
Why Rigetti Computing Is Skyrocketing This Week
Rigetti Computing roared higher as the Federal Reserve cut interest rates this week. Rigetti also landed a new…
Do ‘The Markets’ Really Want The Federal Reserve To Lower Rates?
Facade of the Marriner S Eccles building of the United States Federal Reserve, on a bright and sunny…
Stock Market Rally Risks Losing Steam as Economic Bounce Fades
US stocks have defied skeptics this year as they climbed to records despite a global trade war, lingering…
Fed Cuts Could Fuel More Art Loans as Collectors Seize Opportunities
When the Federal Reserve announced earlier this week that it was lowering its benchmark interest rate for the…
Fed’s Kashkari Sees Two More 2025 Cuts Given Hiring Slowdown
Federal Reserve Bank of Minneapolis President Neel Kashkari said he supported the US central bank’s decision to lower…
Summers Says Fed Policy On ‘Loose Side,’ Inflation Top Issue
Former Treasury Secretary Lawrence Summers said Federal Reserve policy is leaning toward being too slack, emphasizing that the…
Asian markets fluctuate after US Fed rate cut, investors eye future moves
HONG KONG, Sept 18 — Equities wavered in Asia today after the Federal Reserve lowered interest rates but…
Jerome Powell warns of signs of an AI bubble and an economy leaning too hard on the rich
For months, Wall Street commentators have fretted that the artificial intelligence boom looks like a bubble, with capital…
Unemployment rate steady despite jobs losses in August
Australia’s unemployment rate has remained steady at 4.2 per cent in August, due to a big drop in…