Similar Stories to The Fed: Bostic Says Strong Jobs Report May Spur Fed To Raise Interest Rates Even Higher on Bing News

Atlanta Fed chief said U.S. interest rates may have to rise higher than he expected to subdue inflation in the wake of January's stunningly strong jobs report.

Topics:  atlanta fed   u.s    january   higher   interest rates   strong jobs report   
BING NEWS:
  • US employers scaled back hiring in April. How that could let the Fed cut interest rates
    The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job market.
    05/2/2024 - 1:53 pm | View Link
  • Fed likely to hint interest rates will stay higher for longer. But how high for how long?
    inflation and rates. But Fed Chair Jerome Powell could provide clues on where he thinks interest rates are headed. Inflation eased substantially last fall. After hitting a 40-year high of 9.1% in ...
    04/29/2024 - 11:24 pm | View Link
  • Is the Fed going to cut interest rates? What was once a question of ‘when’ is now less certain
    The Fed typically cuts only when the economy appears to be weakening and needs help. Lower interest rates would reduce ... Friday’s blockbuster jobs report for March reinforced the notion ...
    04/6/2024 - 11:02 am | View Link
  • Stocks end the day higher even as blowout jobs report pushes some Fed officials to consider another rate hike
    While the latest jobs report supports the idea that the US economy is holding strong against interest rates ... the Fed's rate-setting committee this year. Atlanta Fed President Raphael Bostic ...
    04/5/2024 - 10:01 am | View Link
  • Employment Report March 2024: No Reason For Fed To Cut Rates
    Nonfarm Payrolls in March exceeded expectations, growing by 303 thousand jobs, compared to a forecasted ... raising concerns about inflation. The strong labor market and potential tightening ...
    04/5/2024 - 4:55 am | View Link
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