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Solid January Jobs Will Likely Keep Fed Interest Rate Cuts On Hold
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed interest rate cut in March is now very unlikely.
January Jobs Report Keeps Rates on Pause: What the Experts Are Saying
The unemployment rate, which is derived from a separate survey, declined to 4% from 4.1% the prior month. Economists expected the unemployment rate to remain unchanged. Average hourly earnings increased 0.5% in January, which was higher than forecast.
US job growth slows in January; unemployment rate at 4.0%
U.S. job growth slowed more than expected in January after robust gains in the prior two months, but a 4.0% unemployment rate probably will give the Federal Reserve cover to hold off cutting interest rates at least until June.
22h
on MSN
Treasury Secretary Scott Bessent wants to bypass the Fed to lower interest rates
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
2d
Bernie Sanders, Josh Hawley introduce bill to cap credit card interest rates. What to know
Sen. Bernie Sanders of Vermont and Sen. Josh Hawley, a Republican from Missouri, introduced legislation to cap credit card ...
2d
ECB's Centeno hopes key interest rate will drop to 2% sooner, not later
The European Central bank may need to cut interest rates below a neutral level to stimulate economic growth as inflation is ...
13h
on MSN
India cuts interest rates for the first time in five years
India's central bank has cut interest rates for the first time in nearly five years to counter slowing growth in Asia's third ...
2d
on MSN
Savings, CD, and Checking Account Interest Rates Today: Earn Over 4% APY
Open a new bank account today and earn a top interest rate. Our experts have researched the best rates on checking, savings, ...
1d
on MSN
BOE Cuts Interest Rates. What That Means for the Dollar.
The Bank of England lowered interest rates, following the ECB. The Fed will take a different path this year. That will put ...
2d
Would a 10% Credit Card Interest Rate Cap Be a Totally Good Thing for Consumers?
Factors like your debt-to-income ratio, your income and existing debt all influence the interest rate on your credit card.
2d
Sanders and Hawley introduce bill to cap credit card interest rates at 10%
Sanders and Hawley’s bill comes after President Donald Trump vowed in the 2024 race to temporarily cap credit card interest ...
9h
on MSN
Indian state-run firms line up $2 billion bond sales as central bank cuts interest rate
Indian state-run companies are set to borrow nearly $2 billion via the bond market early next week after the central bank cut ...
26m
on MSN
The US labor market isn't putting pressure on the Fed's plans to cut interest rates in 2025
The US labor market isn't showing signs of weakness that would prompt another interest rate cut from the Federal Reserve in ...
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Bank of England
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