Federal Reserve

Goolsbee: 'No Way' the Fed Can Act Now

The U.S. interest rate hike so many investors were banking on either this month or in July may not happen in the near-term after the U.S. economy added just 38,000 jobs in May.

Sharp Job-Growth Slowdown Creates Fed Conundrum

The labor market, which for weeks was heralded as one of the bright spots in the U.S. economy, saw a sharp slowdown in job creation in May, delivering a significant downside surprise to both Wall Street and the Federal Reserve.

Sharp Job-Growth Slowdown Creates Fed Conundrum

The labor market, which for weeks was heralded as one of the bright spots in the U.S. economy, saw a sharp slowdown in job creation in May, delivering a significant downside surprise to both Wall Street and the Federal Reserve.

Sharp Job-Growth Slowdown Creates Fed Conundrum

The labor market, which for weeks was heralded as one of the bright spots in the U.S. economy, saw a sharp slowdown in job creation in May, delivering a significant downside surprise to both Wall Street and the Federal Reserve.