Federal Reserve

November Jobs Report: Job Numbers Up, But So Is Unemployment | Entrepreneur
December 6, 2024
After a lackluster October jobs report due to strikes and storms, November's jobs report shows that the market is back to healthy levels.The Employment Situation report, released on Friday...
EY, JPMorgan Experts on What Fed Rate Cuts Mean | Entrepreneur
September 19, 2024
As the job market cools and CEOs pull back on hiring, it's no surprise that the Federal Open Market Committee cut rates by half a percentage point on Wednesday,...
The Fed Cut Interest Rates a Half Point. How It Impacts You | Entrepreneur
September 18, 2024
The Federal Reserve announced on Wednesday that it was lowering the federal funds rate by half a percentage point (0.5%) or 50 basis points, its first rate cut in...
August Jobs Report Shows Growth, Unemployment Missing Mark | Entrepreneur
September 6, 2024
On Friday, the U.S. Bureau of Labor Statistics released a highly anticipated employment report that could be one of the most important pieces of economic news this year. The...
EY Chief Economist: Recession Fears ‘Overstated,’ Fed Behind | Entrepreneur
August 26, 2024
Earlier this month, the U.S. Labor Department reported that job growth slowed in July and that unemployment hit 4.3%, the highest rate since October 2021. The weaker-than-expected report prompted...
EY Senior Economist: ‘Stage Is Set’ For Rate Cuts | Entrepreneur
August 22, 2024
A senior economist expects multiple cuts in the federal funds rate (the rate banks pay that ripple out to consumer interest rates on everything from credit cards to mortgages)...
Inflation Down, Fed Rate Cut Expected in Sept: CPI Report | Entrepreneur
August 14, 2024
Inflation is now at 2.9%, marking the first time it has fallen below 3% since March 2021.Wednesday's Consumer Price Index (CPI) report, which tracks the prices of essential goods...
Elon Musk: ‘Foolish’ Fed ‘Needs to Drop’ Interest Rates | Entrepreneur
August 5, 2024
Newly declared Trump supporter Elon Musk is not holding back on his opinion on the U.S. Federal Reserve's decision to not cut back interest rates at its July meeting.In...
CPI Report: Fed Interest Rates, Inflation, Rent Prices—What to Know | Entrepreneur
June 12, 2024
Inflation is dipping, but rising rents are keeping it sustained.The U.S. Bureau of Labor Statistics (BLS) published its monthly Consumer Price Index (CPI) report on Wednesday, tracking the changes...
4 Things to Know About Credit Financing Your Business Following the ‘Fed Pivot’ | Entrepreneur
April 11, 2024
Opinions expressed by Entrepreneur contributors are their own. If you are among the many business owners lulled into cheap and low-cost access to capital, you may have been caught...