WASHINGTON (Reuters) - U.S. employment growth ground to a halt in August as sagging confidence discouraged already skittish businesses from hiring, keeping pressure on the Federal Reserve to provide more stimulus to aid the economy.
Originally from Reuters: Business News
Nonfarm payroll employment comes in unchanged in August, the weakest performance since September 2010. The grim report could serve as a catalyst for further Federal Reserve easing.
Originally from MarketWatch
WASHINGTON (Reuters) - Employment growth ground to a halt in August as sagging consumer confidence discouraged already skittish U.S. businesses from hiring, keeping pressure on the Federal Reserve to provide more monetary stimulus to aid the economy.
Originally from Reuters: Business News
Nonfarm payroll employment comes in unchanged in August, the weakest performance since September 2010. The grim report could serve as a catalyst for further Federal Reserve easing.
Originally from MarketWatch
Nonfarm payroll employment comes in unchanged in August, the weakest performance since September 2010. The grim report could serve as a catalyst for further Federal Reserve easing.
Originally from MarketWatch
WASHINGTON (Reuters) - The Federal Reserve considered a range of actions to help a struggling economy at its August meeting, including the unprecedented step of tying the interest rate policy outlook to a specific unemployment level.
Originally from Reuters: Business News
Forexpros – The euro rallied to a seven-day high against the U.S. dollar on Friday, as risk appetite recovered after Federal Reserve Chairman Ben Bernanke said the bank was prepared to embark on a third round of easing measures to support the U.S. economic recovery.<br /><br />EUR/USD hit 1.4327 on Thursday, the weekly low; the pair subsequently consolidated at 1.4498 by close of trade on Friday, gaining 0.82% over the week.<br /><br />The pair is likely to find … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
Originally from DailyMarkets.com
Forexpros – Last week saw the New Zealand dollar surge to a seven-day high against its U.S. counterpart on Friday, after comments by Federal Reserve Chairman Ben Bernanke boosted demand for higher yielding assets.<br /><br />NZD/USD hit 0.8416 on Friday, the highest since August 17; the pair subsequently consolidated at 0.8403 by close of trade, rallying 2.68% on the week, the first weekly gain since mid-July.<br /><br />The pair was likely to find support at 0.8211, … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
Originally from DailyMarkets.com
Forexpros – Last week saw the U.S. dollar drop sharply against its Canadian counterpart on Friday, as the greenback came under pressure after Federal Reserve Chairman Ben Bernanke said the central bank was ready to provide more support to a weak U.S. economy. <br /><br />USD/CAD hit 0.9790 on Thursday, the lowest since August 25; the pair subsequently consolidated at 0.9811 by close of trade on Friday, slumping 0.92% on the week, the first weekly decline since mid-July. <br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
Originally from DailyMarkets.com
Forexpros – The U.S. dollar ended the week lower against almost all of its major counterparts on Friday, after comments by Federal Reserve Chairman Ben Bernanke spurred demand for higher yielding assets.<br /><br />In a speech at the central bank’s annual retreat in Jackson Hole, Wyoming, Bernanke said the Fed remained prepared to implement fresh measures to stimulate the faltering U.S. economy, but stopped short of outlining when and if this may happen.<br … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards
Originally from DailyMarkets.com
Articles and Discussions on The Federal Reserve
