Cooler Jobs Market Won’t Rule Out Another Hike, Fed’s Barkin Says

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Federal Reserve Bank of Richmond President Thomas Barkin said that moderating employment last month was a welcome indication of a normalization of the labor market but that his view on whether to raise rates again will depend more on inflation reports.

Oil Heads for Second Weekly Drop as Israel War Still ContainedEgypt to Import Rare LNG Cargo as Conflict Tightens SupplyEuro Aspirant Bulgaria Sees Exit From Watchdog’s ‘Gray List’Peru’s Largest Bank Signals Recession Is Spreading to Delinquent LoansSEC Presses Ahead in Civil Case Against Terraform Labs and Co-Founder Do KwonFirst Quantum to Keep Churning Out Copper Despite Panama TurmoilNaira Poised to Strengthen on Parallel Market After Crypto GainShale Patch Wages Hit US Record Even as...

counterparts: TMU studyFinancial planning for raising kids: expert says cash flow is keyFinancial stress levels climb as Canadians use debt to pay for essentialsEmployers set aside less for 2024 pay increases: surveyBank of Canada rate pause opens sweet spot for savers: Dale JacksonAsia Stocks to Rise, Apple Sales Hit US Futures: Markets WrapChrysler Building Owner Under Fire as Property Empire TeetersBuffett’s Berkshire Poised for Boost as Rates Burnish Cash PileGoogle, Lendlease End Deals to...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: Wall Street adds to weekly gains after cooler-than-expected jobs reportNEW YORK (AP) — Wall Street’s best week this year is getting even better following a cooler-than-expected report on the job market. The S&P 500 was up 0.5% higher in early trading Friday.
Source: SooToday - 🏆 8. / 85 Read more »

October jobs report: Signs of a labor market cooldown, slowing wage growth in focusInvestors are looking to the jobs report for clues on whether the economy is running too hot for inflation to come down.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: Stocks jump as jobs growth cools more than expectedThe October jobs report showed a bigger slowdown in hiring than forecast, reinforcing hopes for an end to Fed hiking.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Stock market news today: Tech stocks slip amid Apple gloom, with jobs report on deckApple's disappointing growth outlook is weighing on spirits as investors look to the crucial October jobs report.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »