Tag : US economy news

BusinessEconomy

Fed Hikes Rates to 4% — First Increase Since 2023

Rokith Kumar
Federal Reserve Ends Three-Year Pause, Lifts Interest Rates to Combat Oil-Driven Inflation   The Federal Reserve has raised its benchmark interest rate for the first...
BusinessEconomy

Fed Poised for First Rate Hike Since 2023 This Week

Rokith Kumar
Wall Street Braces for a Fed Reversal: Rate Hike Expected for First Time in Three Years   For much of this year, investors assumed the...
Global EconomyMonetary Policy

August Jobs Report Boosts Fed Rate Hike Odds 2026

Rokith Kumar
Summary The US economy added a much stronger-than-expected 162,000 jobs in August, keeping unemployment steady at 4.1% and reinforcing bets that the Federal Reserve will...
EconomyFinance

US Adds 162K Jobs in August, Beating All Forecasts

Rokith Kumar
Summary  The US economy added a stronger-than-expected 162,000 jobs in August, nearly triple what economists had forecast, while unemployment held steady at 4.1 percent. The...