The job market has held surprisingly strong over the past year, but as fewer jobs go unfilled and more people remain on unemployment insurance rolls, Federal Reserve officials have begun looking for cracks. Central bankers recently began saying clearly that they could cut interest rates if the labor market unexpectedly weakens, a slight change in…
The House of Representatives voted largely along party lines on Tuesday to impose sweeping sanctions on International Criminal Court officials, rebuking efforts by the court’s top prosecutor to charge senior Israeli leaders with war crimes in connection with the offensive against Hamas. The bill would force President Biden to restrict entry into the United States,…
Adrian Fontes (D-AZ) declares victory in his campaign against Republican candidate Mark Finchem for Arizona Secretary of State in the U.S. midterm elections in Phoenix, Arizona, USA, November 14, 2022. Jim Urquhart | Reuters Arizona Secretary of State Adrian Fontes is calling threats against that country’s election officials “domestic terrorism.” “One of the ways I…
U.S. Federal Reserve officials expressed concern about the recent lack of progress on inflation and remained willing to raise interest rates if conditions warranted as of their two-day meeting that ended May 1. Minutes of the meeting released Wednesday showed that “many” officials expressed uncertainty about how much today’s interest rate setting – 5.3 percent,…
The Marriner S. Eccles Federal Reserve Building during a renovation in Washington, DC, USA, on Tuesday, October 24, 2023. Valerie Plesch | Bloomberg | Getty Images According to Julian Howard, senior investment director for multi-asset solutions at GAM, Federal Reserve officials appear to have “no idea” what is happening with the inflation situation in the…
