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In my most recent article, I talked about cooling inflation and how that keeps alive the hopes of an interest rate cut by the end of this year. However, many wondered why the Federal Reserve remained rather hawkish in its comments about interest rates when it met this month. Part of the answer lies in the June 7 employment report. That employment report, also called payrolls, showed 272,000

The U.S. added 114,000 jobs in July and the unemployment rate rose to 4.3%. A weaker-than-expected jobs report on Friday fueled concern about a potential economic recession and calls for an interest rate cut. Employers hired 114,000 workers last month, falling well short of economist expectations of 185,000 jobs, U.S. Bureau of Labor Statistics data showed. The unemployment rate climbed to 4.3

In a week filled with market anticipation due to the release of May inflation data and the Federal Reserve Open Market Committee meeting on the same day, Wall Street demonstrated remarkable resilience, navigating these pivotal tests with confidence. The S&P 500 and Nasdaq 100 indices both achieved record highs for four consecutive days, driven by the advance of tech titans such as Apple,

MEXICO CITY — Analysts expressed shock Thursday at a decision by Mexico’s central bank to cut interest rates on the same day that official figures showed a sharp rise in domestic inflation. Almost without exception, central banks raise interest rates to make money more expensive, in order to discourage price increases. But in a decision Thursday, the Bank of Mexico cut interest rates by 0.25%