Several Fed officials considered rate pause, but agreed to hike: minutes
Several Federal Reserve officials at the central bank’s policy meeting last month considered pausing interest rate increases until it was clear ...
Tag: federal reserve
Bitcoin surges past $30,000 as investors eye end of rate hikes
Major cryptocurrency bitcoin breached the key $30,000 level for the first time in 10 months on Tuesday, adding to its ...
US employers added 236,000 jobs in March, unemployment at 3.5%
US hiring slowed in March – but the jobs market remains historically tight in a trend that could put pressure ...
Private sector added 145K jobs in March, fewer than expected
US private employers hired far fewer workers than expected in March, adding to signs that the labor market was cooling. The ADP National Employment ...
US banking chaos ‘definitely brings us closer’ to recession: Fed
The turmoil at First Republic and other embattled US regional banks “definitely brings us closer right now” to an economic ...
Fed President James Bullard expects rates as high as 5.75%
St. Louis Federal Reserve president James Bullard said Friday the US likely will need higher than expected interest rates to contain inflation ...
Federal Reserve hikes key interest rate despite US bank chaos
The Federal Reserve hiked interest rates on Wednesday — a pivotal move that showed the central bank’s resolve to tackle ...
Dow gains as investors weigh bank risks, Fed rate-hike pause
The S&P 500 and the Dow Jones gained on Monday as a state-backed rescue of embattled lender Credit Suisse helped ...
Mortgage rates fall for first time in six weeks
The average long-term US mortgage inched back down this week after five straight weeks of increases, good news for homebuyers ...
Jobless claims drop by 20,000 — more than expected
The number of Americans filing new claims for unemployment benefits fell more than expected last week, pointing to continued labor market strength, ...
Recent Comments