Fed officials uneasy about job market as they get ready for Jackson Hole

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 45 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 38%
  • Publisher: 63%

Unemployment Rate ニュース

Federal Reserve,Fed Officials,Jackson Hole

Federal Reserve officials gathering at the annual central banking conference in Jackson Hole, Wyoming, this week can take some satisfaction that the U.S...

WASHINGTON - Federal Reserve officials gathering at the annual central banking conference in Jackson Hole, Wyoming, this week can take some satisfaction that the U.S. unemployment rate, at 4.3%, remains low by historical standards.

Other Fed officials including San Francisco Fed President Mary Daly said in other interviews they were gaining confidence that inflation was returning to the central bank's 2% target and that they were open to rate cuts. The trend began changing this year, and Fed officials have given increasing weight to the risks they feel they are running by keeping monetary policy too tight for too long.The U.S. government reported weaker-than-expected job growth in July, with employers adding just 114,000 positions. The July reading pulled the three-month average below the pre-pandemic trend, and pushed the unemployment rate up two-tenths of a percentage point to 4.3%.

Amid still-strong consumer spending and economic growth that may be slowing but remains positive, the Fed is not yet ready to consider the job market in crisis - it just wants to avoid creating one.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 47. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Traders Need Fed Go Sign in Jackson Hole to Keep Stocks Rallying(Bloomberg) -- Wall Street is betting that Federal Reserve Chair Jerome Powell will confirm that interest-rate cuts are coming at the central bank’s annual...
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »

All eyes on the Fed at Jackson Hole amid market rebound: What to know this weekWith the market's recession fears having cooled for now, investor focus has shifted to what Federal Reserve chair Jerome Powell says about interest rate cuts...
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »