Sep. jobs report builds case for smaller Fed rate cut
Larry Summers says jobs report shows Fed's half-point rate cut was 'a mistake'
Famed economist Larry Summers said Friday that the September jobs report shows the Federal Reserve's 50-basis point rate cut was "a mistake," in hindsight.
Fed seen slowing rate cut pace after strong US jobs data
A surge in job growth last month will allow the Federal Reserve to eschew any further big interest-rate reductions and stick to gradual cuts going forward, traders bet on Friday.
Why one firm is skeptical about the blockbuster September jobs report — and is still expecting another jumbo rate cut
Pantheon Economics cited a "red flag" in September's jobs market data, and expects that the Fed to deliver more 50 basis point cuts.
September jobs report builds case for smaller Fed rate cut in November
The September jobs report showed surprising signs of strength in the labor market that have economists questioning how much more the Federal Reserve will cut interest rates in 2024.
Surging jobs, wages, keep Fed base case of quarter point cuts on track
U.S. Federal Reserve concerns about a slowing job market were relieved for at least another month when new data on Friday showed job growth jumped and the unemployment rate fell in September, adding to investor bets the central bank will cut its benchmark rate only a quarter of a percentage point next month.
Bond Traders Turn to Jobs Data as Bets on Big Fed Cut Falter
Bond traders are turning to Friday’s labor-market report for clues on the health of the US economy, as conviction about a second big interest-rate cut by the Federal Reserve this year begins to falter.
What lower inflation and Fed rate cuts could mean for I Bonds, CDs and savers
Promotions on CDs already aren't as good as they were in January, but some attractive yields of 4% or higher remain on ...
Has The Fed Cut Rates Too Much And Too Soon?
Friday’s job market figures in the US were very strong, suggesting that in fact there was no need for a large rate cut. This ...
Why Mortgage Rates Haven’t Fallen Since the Fed Cut
The Federal Reserve cut interest rates, then standard 30-year mortgage rates went up. It’s a warning that lower rates from ...
Fed Injects Rate Cut Adrenaline
There were a lot of injections, of the COVID vaccine variety, four years ago, but now the Federal Reserve is injecting some ...
The Next Fed Rate Cut Is Coming — but How Big Will It Be?
The next rate decision won’t be announced until Nov. 7, but discussions are already very active about how much the Fed should cut — 25 or 50 basis points. And while a vast amount of data and debate ...
Traders Bet on Smaller Rate Cut in November
After Friday’s surprisingly strong jobs report, Wall Street traders firmly expect the Federal Reserve to cut interest rates ...
15 best long-term CDs to open before the next rate cut
With more Fed rate cuts on the horizon, it could make sense to open one of these top-earning CDs before rates drop.
Fed Rate Cut: Will Prices Ever Go Back To ‘Normal’?
Inflation may have (nearly) returned to normal. But prices don’t feel normal. The Federal Reserve cut the federal funds rate ...
US dividend ETFs bask in investor attention after jumbo Fed rate cut
U.S. exchange-traded funds (ETFs) that invest in dividend-paying stocks have enjoyed a rush of inflows since the Federal ...