fox-business/economic-indicators
Private sector sheds 32,000 jobs in September: ADP
FOX Business host Charles Payne weighs in on the state of the market on ‘Making Money.’ Companies in the private sector lost 32,000 jobs in June, payroll processing firm ADP said Wednesday. The figure is below economists’ estimates of a gain of 50,000 jobs. The prior month’s payrolls number was revised downward to a loss […]
Fed’s Goolsbee warns of impact a shutdown could have on economic data releases
Federal Reserve Bank of Chicago President Austan Goolsbee discusses the impact a government shutdown would have on the agency, inflation and more on ‘The Claman Countdown.’ Chicago Federal Reserve President Austan Goolsbee said Tuesday the central bank will look at alternate data sources to consider at its October meeting if upcoming economic data is not […]
The Fed, CBO and Trump administration release conflicting economic projections
UBS managing director and senior portfolio manager Jason Katz discusses whether the Federal Reserve will further cut interest rates on ‘Varney & Co.’ The U.S. economy is at an inflection point as the Federal Reserve cut interest rates for the first time this month amid indications that the labor market is weakening despite inflation remaining above […]
August PCE: Fed’s favored inflation gauge shows consumer prices remain elevated
Former J.P. Morgan Chase chief economist Anthony Chan discusses Treasury Secretary Scott Bessents prediction of a sharp drop in inflation on Varney & Co. The Federal Reserve’s preferred inflation gauge showed that inflationary pressures remained elevated in August, as policymakers seek to balance the need to restore price stability against a weakening labor market following last […]