Labor market, growth remain solid, keeping Fed on track for another rate cut

  • 📰 CBS21NEWS
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

The Federal Reserve appears to be on track to move forward with another reduction of its benchmark interest rate next week.

The Federal Reserve appears to be on track to move forward with another reduction of its benchmark interest rate next week after fresh data showed a sturdy jobs market andSeveral economic reports released this week and others earlier this month paint a solid picture of the U.S. economy — job growth and unemployment are solid; the economy continues to grow at a healthy pace and inflation has remained steady.

Central bank officials are trying to walk a delicate balance of keeping the economy from shrinking while also keeping rates at high enough levels to slow inflation. Higher interest rates slow the economy by making it more expensive to borrow money, thus reducing the rate of spending and limiting pressure on prices.

“We look for Fed Chair Powell to once again be the voice of reason corralling the FOMC to prudently ease monetary policy next week,” said EY chief economist Gregory Daco. “With economic growth likely to moderate and disinflation factors still at work, we expect inflation to remain on a gentle descent towards the 2% target into 2025. We continue to expect the Fed to ease policy by 25 at every meeting through June next year amid resilient but moderating growth and cooling labor market trends.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 304. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Labor market, growth remain solid, keeping Fed on track for another rate cutThe Federal Reserve appears to be on track to move forward with another reduction of its benchmark interest rate next week.
출처: KUTV2News - 🏆 281. / 63 더 많은 것을 읽으십시오 »

Labor market, growth remain solid, keeping Fed on track for another rate cutThe Federal Reserve appears to be on track to move forward with another reduction of its benchmark interest rate next week.
출처: mynbc15 - 🏆 262. / 63 더 많은 것을 읽으십시오 »

Labor market, growth remain solid, keeping Fed on track for another rate cutThe Federal Reserve appears to be on track to move forward with another reduction of its benchmark interest rate next week.
출처: cbsaustin - 🏆 595. / 51 더 많은 것을 읽으십시오 »

Labor market, growth remain solid, keeping Fed on track for another rate cutThe Federal Reserve appears to be on track to move forward with another reduction of its benchmark interest rate next week.
출처: wsyx6 - 🏆 444. / 53 더 많은 것을 읽으십시오 »

Labor market, growth remain solid, keeping Fed on track for another rate cutThe Federal Reserve appears to be on track to move forward with another reduction of its benchmark interest rate next week.
출처: komonews - 🏆 272. / 63 더 많은 것을 읽으십시오 »

Labor market, growth remain solid, keeping Fed on track for another rate cutThe Federal Reserve appears to be on track to move forward with another reduction of its benchmark interest rate next week.
출처: 13WHAM - 🏆 256. / 63 더 많은 것을 읽으십시오 »