The U.S. Federal Reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024.
Read More Fed is predicted to deliver three quarter-point rate cuts this year: Reuters poll
Tag: inflation target
US labor market still tight; productivity falters in first quarter
The number of Americans filing new claims for unemployment benefits held steady at a low level last week.
Read More US labor market still tight; productivity falters in first quarter
US consumer prices accelerate; seen delaying Fed rate cut
U.S. consumer prices increased more than expected in March as Americans paid more for gasoline and rental housing.
Read More US consumer prices accelerate; seen delaying Fed rate cut
US job growth blows past expectations; unemployment rate falls to 3.8%
U.S. employers hired far more workers than expected in March and continued to lift wages at a steady clip.
Read More US job growth blows past expectations; unemployment rate falls to 3.8%
Wall Street climbs, lifted by Uber, Lyft and Nvidia
Nvidia briefly displaced Alphabet as the U.S. stock market’s third most valuable company.
Read More Wall Street climbs, lifted by Uber, Lyft and Nvidia
US labor market sizzles; delivers large job and wage gains
U.S. job growth accelerated in January and wages increased by the most in nearly two years.
Read More US labor market sizzles; delivers large job and wage gains