U.S. stocks moved higher after a weaker-than-expected jobs report eased investor concerns that the Federal Reserve might raise interest rates further. Softer labor market data tends...
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Tag: rate hikes
Futures Climb After Soft Jobs Data Tempers Rate Hike Fears
U.S. stock futures moved higher after a weaker-than-expected jobs report reduced concerns that the Federal Reserve will need to raise interest rates further. Softer labor market...
PCE Inflation Data Arrives With Fed Rate Decisions in Focus
The latest Personal Consumption Expenditures price index — the Federal Reserve’s preferred measure of inflation — is drawing close attention from investors and policymakers watching for...