For the central bank to lower interest rates again, officials will likely need to see more notable signs that unemployment is rising.
BUENOS AIRES, Dec. 17 (UPI) --Argentina's government is pushing a labor reform aimed at reducing off-the-books work and expanding formal employment to shore up a pension system under the strain of ...
The unemployment rate rose more than expected in November and previous jobs figures were revised downward as the first full report after months of a data fog revealed a weakening labor market. In ...
Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...
Federal Reserve Chair Jerome Powell outlined how the central bank is viewing the labor market after it cut interest rates last week for the third straight time, with a fresh jobs report due out on ...
Fed officials explained their opposition to the central bank’s decision this week to cut interest rates by a quarter of a percentage point. By Colby Smith Colby Smith cover the Federal Reserve.
In the Federal Reserve's battle between fighting inflation and unemployment, the latter side carried the day Wednesday and could also have an edge heading into 2026. At his Wednesday news conference, ...
The Federal Reserve on Wednesday cut its benchmark interest rate by 0.25 percentage points, bringing the federal funds rate to its lowest level in more than three years. The reduction lowers the ...
Federal Reserve policymakers are expected to cut interest rates at this week's meeting despite inflation remaining above their target amid concerns about a softening labor market. The Federal Open ...
1705 GMT – Gold prices extend gains after weaker U.S. private payrolls data reinforced expectations of a December interest-rate cut by the Federal Reserve. Futures in New York rise 0.8% to $4,254.10 a ...
The recent ADP labor report showed the private sector in the U.S. losing an average of 11,250 jobs per week in the four weeks ending Oct. 25. Meanwhile, some investors are nervous that official ...
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