![](https://cdn.statically.io/img/static01.nyt.com/images/2024/07/05/multimedia/05jobs-markets-vltw/05jobs-markets-vltw-thumbWide.jpg?quality=75&auto=webp&disable=upscale)
Investors Bet on Rate Cuts as Recent Data Suggests Slowdown
Markets are expecting the Federal Reserve to make roughly two reductions of a quarter-point each this year.
By Joe Rennison and Danielle Kaye
Markets are expecting the Federal Reserve to make roughly two reductions of a quarter-point each this year.
By Joe Rennison and Danielle Kaye
Federal Reserve policymakers are watching for any sign that the labor market is weakening abruptly, which might prod them to cut rates sooner.
By Jeanna Smialek
A gain of 206,000 in June exceeded forecasts. Hiring was concentrated in a few parts of the economy, however, and unemployment rose to 4.1 percent.
By Talmon Joseph Smith
Donald J. Trump slapped tariffs on trading partners and cut taxes in his first term. But after inflation’s return, a repeat playbook would be riskier.
By Jeanna Smialek
The gulf between higher- and lower-income consumers has been widening for years, but it is expected to show up especially clearly in travel this season.
By Jeanna Smialek
Jerome H. Powell, the Fed chair, and Christine Lagarde, the European Central Bank chief, sounded optimistic about recent inflation data but reiterated the need for more confidence for rate cuts.
By Eshe Nelson and Jeanna Smialek
High interest rates, economic uncertainty and a cyberattack appear to have dampened sales in the three months through June.
By Neal E. Boudette and Jack Ewing
The economy appears to be downshifting and price gains are moderating, as Federal Reserve officials creep closer to beating inflation.
By Jeanna Smialek
The Federal Reserve for the first time tested major banks’ ability to withstand crisis scenarios — and the largest U.S. lenders stood tall.
By Rob Copeland
Corporate executives complain about some of President Biden’s policies, along with his rhetoric. But so far they have not abandoned him en masse.
By Ben Casselman, Jim Tankersley, Sydney Ember and Theodore Schleifer
Advertisement
Advertisement