Powell says slowing labor market prompted rate cut, sees ‘challenging situation’ ahead
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference, following the issuance of the Federal Open Market Committee’s…
Tag: labor
Major jobs revision today could show the labor market is weaker than previously thought
The latest jobs report points to a labor market that’s faltering, but the slowdown may have begun much earlier. Economists expect…
What’s open and closed on Labor Day 2025? See what stores, banks and other businesses are operating today.
Millions of Americans will be enjoying their down time on Labor Day as another summer season comes to a close. …
Fed’s Waller, a candidate for chair, sees potential for half-point cut if labor market weakens further
Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March…