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News

Jobs report has dashed hopes of a rate cut this summer

SFGATE · 1d
Chances of Fed Interest Rate Cut Plunge After Strong Jobs Report
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
Insider on MSN · 4d
The jobs report has dashed hopes of a rate cut this summer
The June jobs report cratered the odds for a July rate cut. Stocks cheered the strong data but dimmer rate-cut views prevented bigger gains.
MarketWatch on MSN · 3d
The odds of a September Fed rate cut look high after June jobs report — but it may be a tough call for Powell
The Federal Reserve is likely to resume lowering interest rates in September, but it won’t be an easy call for the central bankers, economists said Thursday in the wake of the June jobs report.
4don MSN
Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
4h
AZ no longer ranks near the top for job creation. What went wrong?
Arizona's economy for years generated a robust number of jobs. But the outlook this year has taken a turn for the worse.

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