Fed faces tougher task in deciding whether to cut U.S. rates
NEW YORK (Reuters) – U.S. employers are hiring workers, but that is only making the Federal Reserve’s job harder. On Friday, the Labor Department said nonfarm employers added 224,000 jobs…
U.S. job growth surges, July rate cut expectations intact
WASHINGTON (Reuters) – U.S. job growth rebounded strongly in June, with government payrolls surging, but persistent moderate wage gains and mounting evidence the economy was losing momentum could still encourage…
Preserve your ammunition, BIS urges top central banks
LONDON (Reuters) – Bank for International Settlements (BIS) chief Agustin Carstens has urged top central banks to preserve their ammunition for more serious economic downturns rather than deplete it chasing…
Fed pushes back on aggressive U.S. rate cut views
NEW YORK (Reuters) – Federal Reserve officials on Tuesday pushed back on market expectations and presidential pressure for the central bank to deliver a significant U.S. interest rate cut of…
Citi sees case for Fed to lower rates by 50 bps in July
FILE PHOTO: A woman walks past a Citibank logo displayed outside the Citibank Plaza in Hong Kong July 28, 2014. REUTERS/Bobby Yip NEW YORK (Reuters) – Citi economists said on…
Fed officials face weak inflation, but split over what it means
WASHINGTON/SAN FRANCISCO (Reuters) – U.S. Federal Reserve officials were divided Friday over how seriously to treat a slide in inflation, with one top policymaker saying the Fed was “close” to…
Goldman skeptical of ‘insurance’ U.S. rate cuts from Fed
(Reuters) – Goldman Sachs economists said on Sunday they are skeptical of “insurance” U.S. interest rate decreases from the Federal Reserve to forestall possible slowing in U.S. economic growth due…
Take Five: The Fed and the rest
With President Donald Trump’s trade policies heightening fears of a U.S. recession, expectations of a Fed rate cut have dramatically increased in the past month. Money market pricing became even…
All eyes on Fed as stock market pines for rate cut
NEW YORK (Reuters) – The Federal Open Market Committee meeting next week is shaping up as a pivotal one for Wall Street, with stocks primed for a selloff should the…
Oil tumbles on demand worries; stocks hit by trade, economic fears
NEW YORK (Reuters) – Oil prices slid 4% on Wednesday on higher U.S. crude inventories and a bleaker demand outlook, while uncertainty over the U.S.-China trade war and U.S. economic…