The Federal Reserve kept rates near zero but cited progress in the U.S. job market, a sign it remains on course to raise interest rates in September or later this year.
Similar Stories to Fed, Citing Job Gains, Stays On Track To Raise Rates Soon on Bing News
WSJ.com US News, Wall Street Journal
Wed, 07/29/2015 - 11:29am
BING NEWS:
- Wall St gains ahead of Fed officials' remarks; Dow nears 40,000 mark
A much better-than-expected earnings season has also helped put the benchmark S&P 500 and the tech-heavy Nasdaq Composite on track for their third consecutive week of gains. The Dow Jones ...
05/10/2024 - 3:09 am | View Link - Stock market today: Indexes extend gains as traders eye Fed speakers for rate clues
Morning gains stretched the stock rally into its fourth day, a move up first sparked by Friday's jobs report. Though weaker than expected, the labor data brought boosted hopes for rate cuts.
05/7/2024 - 2:38 am | View Link - Stocks jump, yields drop as Fed cut hopes bloom
Recent data on inflation and the labor market had fueled concerns the Fed could would be forced to keep rates higher for longer than the market was anticipating, or even raise rates again.
05/3/2024 - 12:31 pm | View Link - Fed’s Bowman says she’s still willing to raise rates
“While the current stance of monetary policy appears to be at a restrictive level, I remain willing to raise the federal funds rate at a future meeting should the incoming data indicate the ...
05/3/2024 - 2:58 am | View Link - The Fed Just Got the Job Market Cooling It Has Been Waiting For
That moderation came as job gains slowed to 175,000 during the month, the unemployment rate ticked up slightly and average weekly hours nudged down. The overall picture was one of a labor market ...
05/2/2024 - 1:00 pm | View Link - More
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