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Fed Doesn’t Cut Interest Rates Again—Despite Trump’s Demands—As It Warns Of Higher Unemployment Risk
The labor market has proven steady, as the U.S. added a better-than-expected 177,000 jobs last month as the unemployment rate held at 4.2%. Powell signaled central bankers are comfortable waiting ...
The Federal Reserve on Wednesday held the benchmark interest rate at a range between 4.25% and 4.5% while warning of rising risks to inflation and unemployment and increasing uncertainty in the ...
new video loaded: Fed Chair Says Next Moves Are ‘Not at all Clear’ transcript The Federal Reserve announced that it would leave interest rates unchanged for a third meeting in a row on Wednesday.
Powell's wait-and-see approach is prudent, but delays in action could increase recession risks, especially with rising longer-term unemployment ... term chart below). The Fed's rate cuts last ...
The Federal Reserve held interest rates steady Wednesday for the third ... on Wednesday also expressed concern that "risks of higher unemployment and inflation have risen," but that at the moment ...
In the European session, NZD/USD is trading at 0.5982, down 0.41% on the day. New Zealand unemployment rate stays at 5.1%, labor market barely expands New Zealand's employment report for the first ...
And that’s what they’re doing.” But if the uncertainty delays hiring, slows the economy and pushes up the unemployment rate, the Fed could quickly shift toward interest rate cuts.
The Federal Reserve held interest rates steady on Wednesday but said the risks of higher inflation and unemployment had risen, further clouding the economic outlook as the U.S. central bank ...
IT unemployment drops to 4.6% in April, but midlevel pros without AI skills struggle as hiring shifts to automation, cloud, ...
The unemployment rate has stayed static for another quarter. Stats NZ figures just out show the rate remained at 5.1% in the March quarter. The number of full-time workers fell by 45 thousand over ...
Federal Reserve officials held interest rates steady for a third-straight meeting and emphasised they see a growing risk of both higher inflation and rising unemployment. “Uncertainty about the ...
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