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:
- 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 - Job Growth Slows in April as Unemployment Rises and Wage Growth Moderates
T he long-awaited cooling in the labor market may have begun in April, as payrolls climbed by a weaker-than-expected 175,000, while the unemployment rate ticked up slightly to 3.9%. Wage growth also ...
05/3/2024 - 1:53 am | View Link - Fed lifts rates, door open to another hike
“It is certainly possible that we would raise the (federal ... bank’s most recent Beige Book report on economic activity. Job gains remained “robust,” the Fed said, while it described ...
04/16/2024 - 1:01 pm | View Link - Fed Vice Chair Jefferson says interest rates could stay higher for longer if inflation persists
“Recent readings on both job gains and inflation have come in higher than expected,” he noted in remarks Tuesday at a conference in Washington, D.C. Jefferson said he expects inflation will ...
04/16/2024 - 3:00 am | View Link - Soft Landing or No Landing? Fed’s Economic Picture Gets Complicated.
But 2024 has brought a spate of surprises: The economy is expanding rapidly, job gains are unexpectedly strong and progress on inflation shows signs of stalling. That could add up to a very ...
04/10/2024 - 1:00 pm | View Link - More
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