President Donald Trump was critical of Federal Reserve Chair Jerome Powell on Thursday, further intensifying his feud by posting a statement on social media saying, “Powell’s termination cannot come fast enough!”
Read More Trump Criticizes Fed Chair Jerome Powell, Says His ‘Termination Cannot Come Fast Enough’
The latest jobs report for the month of March came in higher than expected as the Trump administration has applauded the newest numbers.
Read More March Jobs Report Beats Expectations With 228K New Positions
The number of Americans filing new applications for unemployment benefits increased slightly last week, suggesting the labor market remained stable in March.
Read More US labor market remains stable, but job opportunities limited
U.S. inflation cooled more than expected in February, with price growth remaining well above the Federal Reserve’s goal ahead of the central bank’s policy meeting next week.
Read More U.S. Inflation Cools To 2.8% In February, Beating Expectations
Job openings, a measure of labor demand, rose 232,000 to 7.740 million on the last day of January, the Labor Department’s Bureau of Labor Statistics said in its Job Openings and Labor Turnover Survey.
Read More US job openings increase in January; layoffs decline
Consumer spending unexpectedly fell in January while the annual increase in inflation slowed, supporting financial market expectations that the Federal Reserve would resume cutting interest rates in June.
Read More US consumer spending declines; annual inflation subsides