The Fed Is About To Do Something It Hasn’t Done Since The Pandemic

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Thu, 08/01/2024 - 2:30am

The Fed is about to do something it hasn’t done since the pandemic

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BING NEWS:

The job market is flashing a classic pattern that signals a recession is coming, Citi says
"The takeaway from the range of labor market data is clear – the job market is cooling in a classic pattern that precedes recession." ...
09/7/2024 - 8:54 am | View Link
The jobs report answered one key question — but left us guessing on another
The August jobs report was supposed to clear up a suite of questions about the economy and what comes next. It only answered one of them.
09/7/2024 - 2:00 am | View Link
Is the Fed behind the curve with this labor market?
The Fed will need to create such a slowdown in the labor market that nobody will question their action when they pivot.
09/6/2024 - 11:18 am | View Link
S&P 500 Suffers Largest Weekly Drop Since March 2023 Banking Crisis, Chipmakers Notch Worst Week In Over Four Years
The S&P 500 index endured its sharpest weekly decline in over a year and a half — a drop that hasn't been seen since the banking crisis in March 2023. A cooler labor market report prompted investors ...
09/6/2024 - 10:52 am | View Link
What Today's Jobs Report Means for the Fed and Economy
Fed impact: In a speech after the report, Gov. Christopher Waller said ' the time has come ' for cuts; Barron's writes that today's data should tilt the Fed toward a smaller cut. Data from the Bureau ...
09/6/2024 - 9:57 am | View Link
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