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Fed’s Daly Warns ‘Softening’ US Job Market May Soon Become ‘More Worrisome’
San Francisco Federal Reserve Bank President Mary Daly warned on Thursday that the “softening” U.S. job market could become “more worrisome” if the central bank is unable to “risk manage it.” Daly’s comments come after the Fed announced on Sept.
I do want to caution us against thinking all bubbles are financial. I don't see many signs that that's the case. Research and economics call it more like a
Economists and Fed officials are divided on the neutral rate, a critical factor that could determine the future of borrowing and economic growth.
Organizers of San Francisco Fleet Week, an annual celebration of the U.S. Armed Forces, confirmed Wednesday that some events will go on amid a federal government shutdown that went into effect overnight. Fleet Week will run from Sunday to Oct. 13 and this ...
Labor market conditions are similar in regions that are near each other. This is called positive spatial correlation. Analyzing county-level data from 1990 to 2024 shows that commuting flows may contribute to strong spatial correlation in employment growth.
FBI Deputy Director Dan Bongino blew up on Fox News after California Gov. Gavin Newsom torched President Donald Trump’s plan to send National Guard troops into San Francisco. Bongino, appearing on Fox & Friends,
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Can we believe the delayed Federal inflation report?
On Friday, nine days late, the government will release September’s consumer price index report. That could determine if interest rates continue their slow, downward glide, or level off, or go back up.
San Francisco Federal Reserve Bank President Mary Daly said on Thursday that a softening labor market and easing inflation were reasons behind last month's decision to cut rates, and prompted the Fed to signal the possibility of further rate cuts ahead.
Average weekly mortgage rates are below 6.2%, and could drift even lower if the Federal Reserve keeps trimming its benchmark interest rate.
WASHINGTON (AP) — The Federal Reserve cut its key interest rate by a quarter-point Wednesday and projected it would do so twice more this year as concern grows at the central bank about the health of the nation’s labor market. The move is the Fed’s ...
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