Markets
Fed minutes show all 19 officials backed September rate hike
The quarter-point move put the federal funds rate at 3.75% to 4%; most participants saw another increase as probably appropriate by year-end.
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Labor markets, policy and employment data.
Markets
The quarter-point move put the federal funds rate at 3.75% to 4%; most participants saw another increase as probably appropriate by year-end.
Markets
The job-loser rate held at 1.9% and September job cuts were the lowest in four years. The weakness was hiring, with white-collar payrolls flat or down in both the government release and ADP's count.
Markets
Customs began rejecting covered shipments at 12:01 a.m. Tuesday. Nearly nine-tenths of the roughly $967 million in affected trade is alcohol, and the largest share of the spirits comes from Ontario.
Markets
MarketsandMarkets expects services, cloud delivery and workforce analytics to grow faster, even as on-premises systems keep the largest deployment share.
Markets
The Chicago Fed president said persistent supply shocks could mean higher unemployment, while Fed Chair Kevin Warsh said inflation can fall without labor-market damage.
Markets
The quarter-point move was unanimous after a divided hold in July, and 16 of 18 policymakers expect at least one more increase this year.
Markets
Markets put the odds of a hike above 90% as of Tuesday. Trump wants lower rates, while Moody’s Mark Zandi warns tighter policy could put jobs at risk outside the AI investment boom.
Markets
Futures pricing puts a possible December increase in play, making the Fed’s updated rate projections part of the decision.
Markets
Annual core inflation eased to 2.4%, but the monthly gain topped forecasts and some Wall Street economists expect more tightening before year-end.
Markets
The PPI rose 0.4% in August, but firm readings in components tied to core PCE pushed markets toward a September Fed hike.
Markets
Futures pricing moved to a 58% chance of a 25-basis-point increase after hiring beat expectations, with inflation data next week carrying the next test.
Markets
ADP's 38,000 private-sector gain was smaller than expected and came mostly from employers with 500-plus staff; professional and business services lost 16,000 jobs.
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