‘Greater of the two risks’: Inflation overshadows employment at Fed policy meeting; minutes reveal divisions over Trump’s tariffs
Federal Reserve officials expressed concerns over upside inflation risks outweighing employment worries, amidst disagreements on Trump’s tariffs’ economic impact. Minutes revealed divisions within the Federal ...
US labour market data: Jobless claims drop to 233,000 as layoffs stay low; total unemployment rolls hold near 2 million
US jobless claims fell to 233,000 last week, signaling a robust labor market despite economic uncertainties. The Labor Department’s data showed a decrease of 4,000 ...
Tariff tremors: US adds 139,000 jobs in May even as hiring slows and recession fears grow
US employers added 139,000 jobs in May, a slowdown from April’s revised 147,000, while the unemployment rate remained at 4.2%. This undershot expectations amid concerns ...
