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The US dollar suffered its sharpest intraday fall against major currencies in over a year on Friday, after a surprisingly weak jobs report intensified market speculation that the Federal Reserve may ...
Mr. Pollock is a Senior Fellow at the Mises Institute, the author of 'Finance and Philosophy--Why We’re Always Surprised' and ...
For all of President Donald Trump’s promises of an economic “golden age,” a spate of weak indicators this week told a potentially worrisome story as the impacts of his policies are coming into focus.
But downward revisions for prior months shocked investors even more, revealing that the labor market came to a near ...
As for crypto-related stocks, don't ask. Coinbase (COIN) has plunged nearly 18% as the day's risk-off mood combined with a ...
Fed Chair Jerome Powell said in a press conference on Wednesday the labor market remained strong, and that the central bank ...
Both Bowman and Waller were appointed by Trump, who has repeatedly lambasted Fed Chair Jerome Powell for not cutting rates. The jobs shock added to the already downbeat market mood after Trump ...
Expectations for Federal Reserve interest rate cuts climbed sharply on Friday after an unexpectedly weak jobs report. The Bureau of Labor statistics reported that the US economy added just 73,000 jobs ...
Wall Street calls Powell’s bluff after weak US jobs print, puts September rate cut back on the table
The July jobs report dropped and instantly wrecked whatever confidence was left in Jerome Powell’s “strong labor market” line.
U.S. job growth stalls and unemployment rises in July, raising pressure on the Federal Reserve as Trump reignites attacks on ...
The U.S. added only 73,000 jobs in July and the unemployment rate stayed flat at 4.2 percent, according to data released Friday by the Labor Department. The July jobs report showed the labor ...
U.S. Treasury yields were slightly lower on Thursday as investors read through the personal consumption expenditures index ...
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