Tag Archives: dour

Morning Bid: Darkness falls on dour US jobs market  Reuters U.S. Lost 32,000 Jobs in September, Says Payroll Processor  The Wall Street Journal The US economy lost 32,000 private-sector jobs in September  CNN 10-year Treasury yield falls after surprise decline in private payrolls, government shutdown  CNBC ADP report: Private employers unexpectedly shed 32,000 jobs as labor market continues pullback  Yahoo Finance Source link

NEW YORK — A top official at the Federal Reserve said Saturday that this month’s stunning, weaker-than-expected report on the U.S. job market is strengthening her belief that interest rates should be lower. Michelle Bowman was one of two Fed officials who voted a week and a half ago in favor of cutting interest rates. Such a move could help …