The Federal Reserve is under more pressure to hold interest rates steady, or even raise rates, given recent indications that ...

The Bureau of Labor Statistics (BLS) jobs report for May continues to show strong payroll growth, with 172,000 jobs added.

U.S. labor costs saw their smallest quarterly gain in over three years during Q3, signaling a cooling in wage growth and reinforcing signs that inflation is easing. The Employment Cost Index (ECI), ...

Another jobs week has come and gone, and while we see some signs of a slowdown in the labor market, it’s not breaking. Since 2022, I have suggested that to get mortgage rates below 6% with a longer ...

WASHINGTON, July 31 (Reuters) - U.S. labor costs increased moderately in the second quarter as private sector wages grew at the slowest pace in 3-1/2 years, more evidence that inflation was firmly on ...

Since 2022, I’ve focused on the relationship between labor and Fed policy. There’s a common belief that a decrease in the inflation growth rate would lead to mortgage rates dropping below 6% as the ...

The July consumer price index released Wednesday was mostly good news. The question then becomes whether inflation has fallen enough for the Federal Reserve to cut interest rates, which it had raised ...

The US economy added a stronger-than-expected 115,000 jobs last month and the unemployment rate stayed at 4.3%, an indication of resilience at a time when war and high gas prices loom large.