Jerome Powell

US Firms Shed 11,250 Jobs Weekly Over 4-Week Period Through Late October

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New employment data from ADP reveals American companies eliminated an average of 11,250 jobs per week during the four-week period ending October 25, raising fresh questions about labor market stability as the Federal Reserve weighs its next policy move. Breaking Down the Job Loss Figures The weekly job reduction figure translates to roughly 45,000 positions … Read more

Fed Chair Powell Signals Cautious Rate Policy Amid Economic Crosswinds

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Powells-Shocking-Warning

Fed Chair Jerome Powell delivered revealing insights into monetary policy direction during recent public remarks in Rhode Island, painting a picture of an economy caught between competing pressures that demand careful navigation. The Dual Mandate Challenge Intensifies What stands out most from Powell’s analysis is the unusual tension between the Fed’s dual mandate goals. In … Read more