The jobs report has dashed hopes of a rate cut...
Jerome Powell, now the Federal Reserve chair, with Donald Trump in 2017.Pablo Martinez Monsivais/AP Chances of a Fed rate cut this month cratered after the strong June jobs report. The...
Tag: unemployment rate
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Dollar Moves Higher on Stronger-Than-Expected US Payroll Report
Money transfer Global Currency by Panuwatccn via Shutterstock The dollar index (DXY00) on Thursday rose by +0.42%. The dollar rallied after the stronger-than-expected US payroll report of +147,000 suggested continued...
Why Wall Street strategists are cautious about stock market’s recent...
Stocks staged a historic comeback from their April lows, with the S&P 500 (^GSPC) and Nasdaq Composite (^IXIC) closing out the first half of the year on a high note....
Fed rate cut in July? Inside the US central bank,...
By Ann Saphir and Howard Schneider (Reuters) -President Donald Trump says that tame inflation means the Federal Reserve should already be reducing its policy rate, but inside the U.S. central...
Bank of England keeps rates steady, sees further loosening as...
By Suban Abdulla and David Milliken LONDON (Reuters) -The Bank of England held interest rates at 4.25% as expected on Thursday but said it was focused on risks from a...
