Watch Fed Chair Jerome Powell speak on the economy and monetary policy
Federal Reserve Chair Jerome Powell is slated to speak Wednesday at the Brookings Institution.
Job openings fell in October amid Fed efforts to cool labor market
The Job Openings and Labor Turnover Survey, a closely watched gauge of slack in the labor force, showed there were 10.3 million vacancies for the...
Private hiring increased by just 127,000 jobs in November, well below estimate, ADP reports
Companies added just 127,000 positions for the month, a steep reduction from the 239,000 the firm reported for October
Fed Vice Chair Brainard says it may ‘soon’ be appropriate to move to slower pace of rate hikes
"I think it will probably be appropriate soon to move to a slower pace of rate increases," she told Bloomberg News in a live interview.
Inflation expectations rebounded in October on record-high jump in gas outlook, NY Fed survey shows
Americans grew more worried about inflation in the October, with fears emanating primarily from an expected burst in gasoline prices.
Even with slower inflation, consumer sentiment weakened sharply in November, survey shows
The University of Michigan Survey of Consumers posted a 54.7 reading for November, down 8.7% from the previous month's reading.
UK on the brink of recession after economy contracts by 0.2% in the third quarter
The third-quarter contraction was less than the -0.5% expected by analysts.
Fed officials welcome inflation news but still see tighter policy ahead
Federal Reserve officials welcomed Thursday's inflation news but cautioned against getting too excited by the data.
Consumer prices rose 0.4% in October, less than expected, as inflation eases
The consumer price index was expected to rise 0.6% from September to October and 7.9% from a year ago, according to Dow Jones estimates.