cooling
FRANKFURT (Reuters) – The U.S. jobs market has started to cool but remains resilient and the Federal Reserve is keen to avoid a drastic weakening of the labor market, Fed Governor Adriana Kugler said in Frankfurt on Tuesday. “The lower unemployment that we saw in Friday’s jobs report is very welcome,” Kugler told a European […]
Government releases June 2024 inflation report Consumer prices are continuing to moderate, with June data showing U.S. inflation is once again cooling after unexpectedly high readings earlier this year. The new report could help bolster the case for an interest rate cut from the Federal Reserve in September. Consumer prices declined 0.1% in June from […]
11:46 a.m. ET, May 3, 2024 Labor force participation of prime working age women is at a record high The employment rate of women in their prime working years just hit an all-time high in April. The labor force participation rate for women between the ages of 25 and 54 climbed 0.3 percentage points to […]
We’ve all heard that if you put a frog in boiling water, it will jump out, but if you put a frog in warm water and slowly turn up the heat it will stay put until boiled to death. That may or may not be true, but it is a useful allegory of how incremental […]
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