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Federal Reserve, jobs and interest rates steady

MarketWatch on MSN · 9h

Top Fed officials unswayed by poor July jobs report, take wait-and-see approach to rate cuts

Several senior Federal Reserve officials on Friday characterized the labor market as “solid” even after a poor July jobs report and appeared in no rush to lower U.S. interest rates.

The New York Times · 2d

Weak Jobs Report Raises Chances of a September Interest Rate Cut

The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market fragility.

Investopedia on MSN · 1d

U.S. Job Growth Slowed Sharply, Shifting The Fed's Rate Cut Calculus

U.S. employers added just 73,000 jobs in July and the May and June numbers were revised sharply lower, boosting the chances of a September rate cut.

US president Trump sacks jobs data chief

Business Standard · 1h

Trump to replace Fed, labour chief amid row over jobs data, rate policy

After firing Bureau of Labour Statistics chief McEntarfer over weak jobs data and criticising Fed chair Powell, Trump signals new key appointments

Bloomberg on MSN · 12h

Trump’s Former Jobs Data Chief Decries Firing of Successor

President Donald Trump’s firing of the chief labor statistician was criticized by her predecessor, who called it an unfounded move that will undermine confidence in a key data set on the US economy.

US president Donald Trump sacks jobs data chief after dismal employment report

Trump's move followed Friday's jobs report that showed just 73,000 jobs were added last month and that 258,000 fewer jobs were created in May and June than previously estimated.View on euronews

1hon MSN

US jobs jolt fans Fed rate cut buzz; rupee to ride dollar slump

The Indian rupee is set to open higher on Monday, riding the dollar's plunge after a weak U.S. jobs data boosted bets that ...

2don MSN

Shockingly bad jobs report reveals a monthslong stall and may trigger Fed rate cuts soon. ‘Powell is going to regret holding rates steady’

That may prompt the Federal Reserve to lower rates sooner rather than later, which President Donald Trump has been demanding ...

2don MSN

Fed rate cut odds go on a roller coaster ride after Powell, PCE, and jobs data

The roller coaster ride began on Wednesday. After the Federal Open Market Committee (FOMC) held its key policy rate steady ...

2don MSN

Weakening US jobs market hits center of Fed rate policy debate

Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...

2don MSN

Here's the case for lower rates from the Fed's 2 dissenting voices

The Fed opted against cutting rates, but a rare dissent from two governors says the central bank risks being too late amid a ...

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