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Jerome Powell · United States“The labor market is actually still quite solid.” “The labor market’s solid, historically low unemployment.” “In the labor market, conditions have remained solid.” Last Wednesday, at his press conference following the Federal Reserve’s decision to hold interest rates steady, the central bank’s chairman, Jerome Powell, used the word “solid” to describe the US job market at least a half-dozen times. For much of the year, the labor market’s perceiv…See the Story
Dismal Jobs Data Gives Fed a Wake-Up Call on Interest Rates
Coverage: 2 sources
Gold · United StatesGold could hit $4,000 an ounce by the end of next year as the Federal Reserve cuts rates to cushion the US economy, the dollar drops, and central banks keep adding holdings, according to Fidelity International.See the Story
Fidelity Says $4,000 Gold Possible as Fed Cuts and Dollar Drops
100% Left coverage: 1 sources
