6 things to know about the job market right now: It’s ‘near-perfect,’ economist says
Mario Tama | Getty Images1. Job growth is slowingThe U.S. economy added 187,000 jobs in August, the Labor Department said ...
Tag: Interest Rates
Powell’s pivotal speech Friday could see a marked shift from what he’s done in the past
Federal Reserve Chairman Jerome Powell testifies before the House Committee on Financial Services June 21, 2023 in Washington, DC. Powell ...
Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’
Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest ...
Don’t count out more rate hikes due to strong jobs market, former Fed governor Kroszner suggests
Don't count out additional interest rate hikes, according to former Federal Reserve governor Randall Kroszner.Kroszner, who's now a University of ...
Why substituting cryptocurrency for gold exposure may be a costly mistake
Viewing cryptocurrency as "digital gold" may be a mistake.State Street Global Advisors' George Milling-Stanley, whose firm runs the world's largest ...
Singapore’s UOB expects ‘some upside’ to interest income after Fed rate hike
Singapore's United Overseas Bank is expecting "some upside" in interest income in the next quarter, after the U.S. Federal Reserve ...
Fed approves hike that takes interest rates to highest level in more than 22 years
WASHINGTON – The Federal Reserve on Wednesday approved a much-anticipated interest rate hike that takes benchmark borrowing costs to their ...
