US job growth slowed considerably last month, with just 175,000 positions added in April, according to Bureau of Labor Statistics data released Friday.
The Fed's warier outlook stems from three months of data that pointed to chronic inflation pressures and robust consumer ...
The Fed once again held interest rates steady given higher inflation reports, with investors now not expecting a rate cut ...
February and March. While inflation has fallen considerably from its peak, progress has largely flatlined since the summer.
Central bankers were widely expected to leave borrowing costs at a level between 5.25 and 5.5 percent, the highest in 23 ...
The Federal Reserve is expected to announce Wednesday that it is keeping interest rates at a quarter-century high for the ...
Federal Reserve officials are poised to keep interest rates steady for a sixth consecutive meeting and signal no plans for ...
Inflation is heating back up, and economists fear the stickiest drivers of rising prices are getting harder to scrub away. The unwelcome surprises now have forecasters eyeing fewer cuts, closer to the ...
The Federal Reserve meets for the first time since recent high inflation reports dampened hopes it would cut interest rates ...
"The hot inflation readings through March should write off any rate cuts in the first half of 2024," said Nationwide Senior ...
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden ...
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the ...