Solid Labor Market Gives Fed Cover to Extend Rate Pause
Across a number of metrics, the labor market looks remarkably stable even as it has cooled. Monthly jobs growth has stayed solid and the unemployment rate has barely budged from its current level of 4 ...
Trump is focused on lowering bond yields, not fighting the Fed, Treasury chief says
President Donald Trump with Fed Chair Jerome Powell in 2017. Saul Loeb/AFP/. President Trump isn't focused on getting the Fed to cut interest rates, Treasury Secretary ...
Feds ease up on stress tests, agree on need for bank-access fix
As requirements for stress-capital buffers drop, Goldman Sachs Group Inc. (GS), Morgan Stanley (MS) and M&T Bank Corp. (MTB) are potential winners as they potentially pocket extra capital for stock ...