Trump promises rate cuts with new Fed chair pick as Powell defends cautious approach
WASHINGTON (TNND) — President Donald Trump said he is poised to announce his pick to replace Federal Reserve…
US labour productivity hits two-year high to 4.9% in Q3, inflationary pressures on wages eased
US labour productivity grew faster in the third quarter, reaching its highest rate in two years in the…
Expert tips dramatic interest rates cut to 2.75% driven by unemployment
Interest rates could be slashed to 2.75 per cent by the end of summer, driven by rising unemployment,…
US may need more slack in job market to hit 2% inflation
By Howard Schneider WASHINGTON (Reuters) -The U.S. labor market likely needs to weaken further for the Federal Reserve…
Fed’s Goolsbee says US jobs market steady, cautions against aggressive rate cuts, FT reports
(Reuters) -Federal Reserve Bank of Chicago President Austan Goolsbee said the U.S. jobs market remains “mostly steady and…
S&P 500 Index To Crash 8%?
JACKSON HOLE, WYOMING – AUGUST 22: Federal Reserve Chairman Jerome Powell is seen walking in Grand Teton National…