Powell indicates further rate cuts, but insists the Fed is ‘not on any preset course’
The central bank chief asserted that he will seek to balance fighting inflation with supporting the labor market.
That would be on top of the carnage already left behind by Hurricane Helene, posing a potential record-breaking path of...
If this sounds like a Goldilocks scenario, it's probably not far from it, even with the lingering inflation concerns.
Black and Hispanic men experienced a fall in jobless rates in September.
Hospitality and health care were two bright spots for the U.S. labor market in September, according to Friday's jobs report.
Nonfarm payrolls were expected to increase by 150,000 in September, according to the Dow Jones consensus forecast.
Nonfarm payrolls are projected to show growth of 150,000, form 142,000 the month before, with a steady unemployment rate of...