Similar Stories to Economy Added Disappointing 130,000 Jobs In August, Giving Fed Another Reason To Cut Rates on Bing News

USA TODAY, USA Today: Money
Fri, 09/06/2019 - 8:26am

Employers added just 130,000 jobs in August. Economists expected 160,000 payroll gains.

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It’s ‘just what the Fed chair wanted’ as the economy adds fewer jobs and unemployment rises to 3.9%
For those grappling with renewed stagflation fears, this payrolls report supports what Powell said earlier this week about not seeing the ‘stag’ or the ‘-flation’ right now,” JPMorgan's Elyse ...
05/3/2024 - 6:05 am | View Link
Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts
The so-called “wealth effect,” whereby rising home and stock values give people confidence to increase their spending, is a big reason ... Fed’s policymakers had projected that they would ...
04/29/2024 - 7:48 am | View Link
How could the economy be affected if the Fed doesn’t cut interest rates in 2024?
He says this means policies will need to be restrictive for a longer period of time, indicating that interest rates will not be cut anytime soon. The Fed is expected to leave rates unchanged at ...
04/17/2024 - 10:02 am | View Link
A growing chorus of experts don't think a rate cut is coming in 2024
Investors are starting to take seriously the idea that the Fed ... reason to cut interest rates when the economy is doing so well. "If we have a run rate that's very attractive, people have jobs ...
04/5/2024 - 11:28 pm | View Link
March jobs report comes in hot: The US economy added 303,000 positions last month
Instead, on Friday, yet another jobs report defied expectations. Employers added 303,000 jobs in March ... ‘When will the Fed cut?’ to ‘How strong the economy is doing,’ and how much ...
04/5/2024 - 5:06 am | View Link
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