Strong US job growth raises doubts about further Fed rate cuts
The U.S. job market again defied an anticipated slowdown, with firms adding more than a quarter of a million jobs in the last full month of Joe Biden's presidency and leaving Federal Reserve policymakers to puzzle over the need for more interest rate cuts in a strong economy.
Kansas City Federal Reserve President Jeff Schmid signaled on Thursday a reluctance to cut interest rates again as the U.S.
The Federal Reserve might be unable to lower its benchmark lending rate until late in the autumn, market-derived data ...
The Fed's latest meeting minutes showed concern that inflation could remain sticky, partly because of Trump's trade policy.
The U.S. dollar rallied on Friday after data showed the world's largest economy created more jobs than expected last month, ...
Wall Street stocks slumped and the dollar climbed on Friday as a robust US jobs report dimmed hopes of further interest rate ...
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