Stocks rose and the dollar fell on Friday after a key report showed the U.S. economy added slightly fewer jobs than expected in August, making it potentially less likely that the Federal Reserve will raise interest rates already this month.
Stocks Rise As U.s. Jobs Report Puts Fed Rate Hike In Question
Associated Press, San Jose Mercury News: Business
Fri, 09/02/2016 - 6:51am
BING NEWS:
- Core CPI Inflation Stuck Above 3%, But Fed Rate Cut Odds Rise; S&P 500 Falls (Live Coverage)
Today's consumer price index report for October is expected to show that core prices rose around 0.3% for a third straight month. That could add to uncertainty about another Federal Reserve rate cut ...
11/12/2024 - 11:51 pm | View Link - Fed cuts rate by quarter point, sees ‘balanced’ risks to inflation, jobs
During the current quarter, the economy will likely expand at a 2.5% annual rate, according to a forecast by the Atlanta Fed released Thursday. “This is a strong economy,” Powell said. “It’s actually ...
11/6/2024 - 11:00 am | View Link - Muddled Jobs Data May Do Little to Alter Immediate Fed Rate Path
Hiring stalled out in October, but that happened as two hurricanes hit the country, most likely substantially affecting job gains in some industries, and as strikes lowered employment numbers in ...
11/1/2024 - 2:12 am | View Link - More
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