Powell mentioned the labor market 25 times at his press conference last week, mostly calling it 'solid'
Federal Reserve Chairman Jerome Powell mentioned the labor market 25 times during his press conference last week. Over and over, he called the labor market "solid" and "good." This week, economist Tim ...
Never Mind Amazon, Microsoft, Alphabet. Why the Stock Market Can Rise Without Them, and 4 Other Things to Know Today.
Despite Mag 7 names such as Google-parent Alphabet and software titan Microsoft dropping after earnings reports, the broader ...
Solid Labor Market Gives Fed Cover to Extend Rate Pause
Across a number of metrics, the labor market looks remarkably stable even as it has cooled. Monthly jobs growth has stayed solid and the unemployment rate has barely budged from its current level of 4 ...
Trump’s Executive Orders Leave Imprint on the Fed
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
Fed Chair Powell to testify to Congress next week, his first appearance since July
Federal Reserve Chairman Jerome Powell will testify before Congress next week, the first time he has answered lawmakers' questions since July, the central bank announced Thursday. Powell is set to ...
How The Immigration Surge Boosted The Economy
Key Takeaways President Donald Trump's hardline border policies and campaign of deportations could have a significant effect ...