News on this topic
Profile picture of ABC News

President Biden delivers remarks on February jobs report. https://abcn.ws/3T4ugtA

Profile picture of ABC News
US adds a robust 311,000 jobs despite Fed's rate hikes: America’s employers added a substantial 311,000 jobs in February, fewer than January’s huge gain but ...
abcnews.go.com/Business/wireStory/inflation-surging-jobs-report-provide-clues-97760791
US adds a robust 311,000 jobs despite Fed's rate hikes
More news on this subject
Profile picture of ABC News
US adds a robust 311,000 jobs despite Fed's rate hikes: America’s employers added a substantial 311,000 jobs in February, fewer than January’s huge gain but ...
abcnews.go.com/Business/wireStory/inflation-surging-jobs-report-provide-clues-97760791
US adds a robust 311,000 jobs despite Fed's rate hikes
Profile picture of PBS
WATCH: Biden hails economic progress after U.S. added 311,000 jobs in February: America’s employers added a substantial 311,000 jobs in February ...
pbs.org/newshour/politics/watch-live-biden-delivers-remarks-on-new-report-that-economy-added-311000-jobs-in-february
WATCH: Biden hails economic progress after U.S. added 311 ...
Profile picture of PBS
U.S. economy adds 311,000 jobs in February despite Fed's rate hikes: America's employers added a substantial 311,000 jobs in February ...
pbs.org/newshour/economy/u-s-economy-adds-311000-jobs-in-february-despite-feds-rate-hikes
U.S. economy adds 311,000 jobs in February despite Fed's rate hikes
Profile picture of Reuters
Strong US job growth persists; wage inflation shows signs of slowdown: The U.S. economy added jobs at a brisk clip in February, but monthly wage growth slowed ...
reuters.com/world/us/us-job-growth-beats-expectations-february-wages-rise-moderately-2023-03-10/
Strong US job growth persists; wage inflation shows signs of slowdown
Profile picture of The Post and Courier
US adds a robust 311,000 jobs despite Fed's rate hikes: WASHINGTON — U.S. employers added a substantial 311,000 jobs in February, fewer than January's huge gain ...
postandcourier.com/business/us-adds-a-robust-311-000-jobs-despite-feds-rate-hikes/article_e9c0163c-bf59-11ed-b4ee-f72537c08f03.html
US adds a robust 311,000 jobs despite Fed's rate hikes
Profile picture of Time
All This Economic Good News is Just Confusing: The latest U.S. jobs report shows that the economy gained 311,000 jobs in February. But analysts are conflicted on ...
time.com/6261754/february-jobs-report/
All This Economic Good News is Just Confusing
Profile picture of Politico
US adds a robust 311,000 jobs despite Fed’s rate hikes: The unemployment rate rose to 3.6% from a 53-year low of 3.4%.
politico.com/news/2023/03/10/us-adds-a-robust-311-000-jobs-despite-feds-rate-hikes-00086534
US adds a robust 311,000 jobs despite Fed’s rate hikes
Profile picture of Fox Business
US job growth surges again in February as economy adds 311,000 new positions: The February payroll report released Friday provided a key snapshot of the labor ...
foxbusiness.com/economy/us-job-growth-surges-again-february-economy-adds-new-positions
US job growth surges again in February as economy adds 311 ...
Profile picture of Axios (website)
U.S. economy adds 311,000 jobs in February: The unemployment rate edged up to 3.6% from 3.4% — still historically low.
axios.com/2023/03/10/us-february-jobs-report-2023
U.S. economy adds 311,000 jobs in February
Profile picture of Reuters
Slower, but still solid US job growth expected in February: U.S. job growth likely slowed to a still-solid pace in February, with the unemployment rate expected ...
reuters.com/world/us/slower-still-solid-us-job-growth-expected-february-2023-03-10/
Slower, but still solid US job growth expected in February
Profile picture of RAPPLER
Strong US job growth persists; wage inflation shows signs of slowdown: Some economists view the mixed US employment report for February as raising the chances ...
rappler.com/business/unemployment-rate-united-states-february-2023/
Strong US job growth persists; wage inflation shows signs of slowdown
Profile picture of The Guardian
US hiring boom continued in February with 311,000 added jobs: Number is lower than January’s 504,000 jobs but comes as Fed signals aggressive interest rate hikes ...
theguardian.com/business/2023/mar/10/us-jobs-report-february-2023
US hiring boom continued in February with 311,000 added jobs
Profile picture of Morningstar, Inc.
Strong February Jobs Report Leaves Fed on Track for More Rate Hikes: Slower wage gains offer good news on inflation, but the upcoming CPI report could determine ...
morningstar.com/articles/1143511/strong-february-jobs-report-leaves-fed-on-track-for-more-rate-hikes
Strong February Jobs Report Leaves Fed on Track for More Rate Hikes
Profile picture of Insider (news website)
The US added 311,000 jobs in February, unemployment rate at 3.6%: February's job growth came in above the estimate, and the unemployment rate ticked up to 3 ...
businessinsider.com/job-growth-unemployment-rate-recession-outlook-february-jobs-report-2023-3
The US added 311,000 jobs in February, unemployment rate at 3.6%
Profile picture of The New York Times
U.S. Mortgage Rates Jump Above 7% for the First Time This Year: Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent ...
nytimes.com/2024/04/18/business/mortgage-rates.html
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Profile picture of Reuters
Fed policymakers agree: there's no urgency to cut rates: Federal Reserve policymakers have coalesced around the idea of keeping borrowing costs where they are ...
reuters.com/markets/us/feds-williams-doesnt-see-urgent-need-cut-interest-rates-2024-04-18/
Fed policymakers agree: there's no urgency to cut rates
Profile picture of Investor's Business Daily
Where To Find Princely 5% Yields For Your Cash And Take No Risk: The Federal Reserve threw you a curveball with interest rates. Cash is still king as inflation ...
investors.com/etfs-and-funds/personal-finance/interest-rates-how-to-cash-in-on-high-yielding-cash-cds-apys/
Where To Find Princely 5% Yields For Your Cash And Take No Risk
Profile picture of Insider (news website)
Stock market today: Stocks slide for the 5th straight session: The S&P 500 hit its worst losing streak since last October as investors recalibrate amid forecasts ...
markets.businessinsider.com/news/stocks/stock-market-news-fifth-loss-fed-speakers-rate-cuts-delay-2024-4
Stock market today: Stocks slide for the 5th straight session
Profile picture of Insider (news website)
Stock market today: Indexes rise after Powell's hawkish rate comments: Stocks were looking to break a three-day losing streak as investors tried to shake off ...
markets.businessinsider.com/news/stocks/stock-market-today-fed-rate-cuts-outlook-powell-inflation-economy-2024-4
Stock market today: Indexes rise after Powell's hawkish rate comments
Quick Glance: Powell Warns of Lack of Progress on Inflation
  • Federal Reserve Chair Jerome Powell emphasized that the U.S. economy, while otherwise strong, has not seen a return of inflation to the central bank's target.

  • Powell mentioned that the current policy should remain in place as inflation has not declined quickly enough and there has been no further progress towards the 2% goal.

  • Since July 2023, the Fed has maintained its benchmark interest rate in a target range between 5.25% and 5.5%, the result of 11 consecutive rate hikes.

  • Financial markets have had to adjust their expectations for rate cuts this year as inflation has been higher than expected, and the Fed's policy continues to be dependent on data.
Profile picture of New York Post
Billionaire In-N-Out heiress Lynsi Snyder claims she went 'toe-to-toe' to keep prices down as Calif. fast food industry, prices slammed by minimum wage hike
nypost.com/2024/04/11/business/in-n-out-president-lynsi-snyder-went-toe-to-toe-to-keep-menu-prices-down/
Billionaire In-N-Out heiress Lynsi Snyder claims she went 'toe-to-toe' to ...
Profile picture of N-tv
“If the data requires it”: Fed sends signals for interest rate hikes for the first time
n-tv.de/wirtschaft/Fed-sendet-erstmals-Signale-fuer-Zinserhoehung-article24884271.html
“If the data requires it”: Fed sends signals for interest rate hikes for ...
Profile picture of Axios (website)
The U.S. may be entering a new era of persistently high interest rates: With the Fed’s pivot plans now in disarray, it’s 2015 in reverse.
axios.com/2024/04/17/interest-rates-inflation-us-economics
The U.S. may be entering a new era of persistently high interest rates
Profile picture of Bloomberg
Central Bankers Should Retire the 2% Inflation Target: With the energy shock now a memory, central bankers require more flexible objectives.
bloomberg.com/opinion/articles/2024-04-17/central-bankers-should-retire-the-2-inflation-target
Central Bankers Should Retire the 2% Inflation Target
Profile picture of CNBC
Wall Street pushes out rate-cut expectations, sees risk they don't start until March 2025
cnbc.com/2024/04/17/wall-street-pushes-out-rate-cut-expectations-sees-risk-of-no-action-until-2025.html
Wall Street pushes out rate-cut expectations, sees risk they don't start ...
Profile picture of USA Today
Why is the economy so strong? New hires are spending more and upgrading their lifestyles
usatoday.com/story/money/2024/04/18/strong-job-growth-bolsters-spending/73351285007/
Why is the economy so strong? New hires are spending more and upgrading ...
Profile picture of Newsweek
Joe Biden Gets Bad News Right Before Speech: The Fed chair Jerome Powell suggested that borrowing costs may stay higher for longer.
newsweek.com/joe-biden-bad-news-before-speech-1891024
Joe Biden Gets Bad News Right Before Speech
Profile picture of Wirtschaftswoche
High Inflation: The Reality Check on the Stock Exchanges: The mood on the stock markets has changed: many people had dismissed inflation too early ...
wiwo.de/politik/konjunktur/editorial-inflation-zeit-des-erwachens/29761904.html
High Inflation: The Reality Check on the Stock Exchanges
Profile picture of Quartz
Wall Street is watching the Fed 'way too much,' Bank of America's CEO says: Brian Moynihan said the Federal Reserves interest rate hikes have been a “huge ...
qz.com/bank-of-america-brian-moynihan-federal-reserve-rates-1851415600
Wall Street is watching the Fed 'way too much,' Bank of America's CEO says
Profile picture of The Rio Times
Global Central Banks Constrained by Steady U.S. Interest Rates: Jerome Powell, Chairman of the U.S. Federal Reserve, recently announced that U.S ...
riotimesonline.com/global-central-banks-constrained-by-steady-u-s-interest-rates/
Global Central Banks Constrained by Steady U.S. Interest Rates