The Latest Breaking News from US Federal Reserve

The hot U.S. labor market is showing few signs of cooling down, with the latest jobs report showing continued strong gains, particularly in service industries such as retail and hospitality. The robust employment landscape may put pressure on the Federal Reserve to raise rates more than expected later this month…

The American job market has once again confounded expectations

Strong economic data in recent weeks has raised signals of higher-than-expected hikes in the interest rate. Given the stalling disinflationary process, the stock market could remain volatile for some time. Thus, fundamentally strong stocks Gilead Sciences (GILD), HCA Healthcare (HCA), McKesson Corp. (MCK), and LSI Industries (LYTS) could be ideal…

The Fed's goal of bringing down inflation without triggering a recession may have just gotten a lot harder.

The Fed’s commitment to tame sticky inflation has raised the odds of an impending recession. Amid soaring volatilities in the stock market, cheap stocks Accel Entertainment (ACEL), trivago (TRVG), and Epsilon Energy (EPSN) might be wise portfolio additions now to garner significant returns. Read on….

Goldilocks can take a bow.

Wages in the sector are also rocketing up in some parts of the U.S. because it’s so hard to find staff.

As inflation remains stubbornly high and the labor market still strong, the Federal Reserve has warned that the benchmark interest rate will climb higher than expected. This could tip the economy into a recession. Amid the uncertainty, new investors looking to build their portfolios could start by buying Coca-Cola (KO),…

Rising anxieties owing to the likelihood of an impending recession have weighed heavily on the stock market. Given the uncertainties are not likely to ease anytime soon, quality stocks Johnson & Johnson (JNJ) and Pfizer (PFE) might be wise portfolio additions to help you keep money in your pockets. Read…

For anyone trying to understand where interest rates and inflation are heading, it has been a strenuous few days. Jay Powell, chairman of US central bank the Federal Reserve, warned senators he may have to do more to fight inflation than expected, indicating the prospect of interest rates rising more…

U.S. payrolls rose in February by more than expected while a broad measure of monthly wage growth slowed, offering a mixed picture as the Federal Reserve considers whether to step up the pace of interest-rate hikes.