Fed Chair Jerome Powell said that Fed staffers believe federal data could be overstating job creation by up to 60,000 jobs a month—which suggests the jobs market might be shrinking

Powell said that Fed staffers believe federal data could be overstating job creation by up to 60,000 jobs a month—which suggests the jobs market might be shrinking. 2025-12-11 00:32:00 Matt…

Continue ReadingFed Chair Jerome Powell said that Fed staffers believe federal data could be overstating job creation by up to 60,000 jobs a month—which suggests the jobs market might be shrinking

Bank of Canada Gov. Tiff Macklem acknowledged positive developments in the economy but said challenges remain and growth is expected to be “fairly modest”

Gov. Tiff Macklem acknowledged positive developments but said challenges remain and growth is expected to be ‘fairly modest’. 2025-12-10 21:07:00 Paul Vieira

Continue ReadingBank of Canada Gov. Tiff Macklem acknowledged positive developments in the economy but said challenges remain and growth is expected to be “fairly modest”

The Fed cut rates but signaled reluctance to ease further, and three dissents underscored diverging views on the path forward.

Three officials dissented in opposite directions. Stalled progress on inflation and a cooling job market made for one of the most divided meetings in years. 2025-12-10 20:48:00 Nick Timiraos

Continue ReadingThe Fed cut rates but signaled reluctance to ease further, and three dissents underscored diverging views on the path forward.