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There are risks now to both inflation and jobs goals

Fed’s Musalem Says Officials Missing More on Inflation Than Jobs
Federal Reserve Bank of St. Louis President Alberto Musalem said he supported last week’s decision by policymakers to leave interest rates steady, adding the US central bank is still missing more on the inflation side of its mandate.
Fed's Musalem sees downside risks to jobs market, upside risks to inflation
Federal Reserve Bank of St. Louis President Alberto Musalem said Friday he sees downside risks to the labor market -- in addition to upside risks to inflation -- as labor demand and supply both are slowing and tariffs are starting to lift prices.
Fed's Musalem: There are risks now to both the inflation and jobs goals
The Federal Reserve now faces risks to both its inflation and jobs goals, with policymakers needing to balance which seems the more serious threat in deciding whether it is appropriate to reduce interest rates,
Fed Officials Take Cool Jobs Report in Stride
The New York Fed’s John Williams says the labor market remains solid, even after unusually large downward revisions to job gains for May and June.
Fed's Musalem Backs Keeping Interest Rates Unchanged, Says Officials Missing More On Inflation Than Jobs
According to a Bloomberg report, Musalem said that the central bank is not missing on its employment mandate, pointing to the labor market being close to full employment.
Why the recent jobs report will add pressure on Fed to cut rates in September
Investors and analysts also see the surprisingly weak jobs report as an indication the odds of an interest rate cut at the ...
Fed official calls July jobs report 'concerning' as economy hits potential turning point
Fed Governor Lisa Cook said that the weak July jobs report and large downward revisions suggest the U.S. economy could be at ...
Fed Officials Signal Possible Interest Rate Cut: Is the Time Right?
A weak July jobs report could prompt the Federal Reserve to make its first interest rate cut of the year, as more officials raise concerns about a weakening economy.
Bessent: How Can The Fed Set Rates When Jobs Data Is This Broken? "This Was A Five Standard Deviation Mistake"
Treasury Secretary Bessent defended President Trump's decision to fire Bureau of Labor Statistics (BLS) head Erika McEntarfer after unprecedented downward revisions to May and June jobs figures ...
Bessent says market expects Fed to cut rates this year: 'substantial probability'
Treasury Secretary Scott Bessent said financial markets are pricing in a high likelihood of the Federal Reserve cutting interest rates before year-end amid tariff concerns.
Weakening US jobs market hits center of Fed rate policy debate
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
'On the precipice of recession': A top economist warns that not even the Fed may be able to rescue the US from a downturn
Mark Zandi says the US economy is teetering at the edge of a recession as tariffs and immigration policy weigh on growth.
Fed stands pat on rates, but jobs report signals it may regret It: This week in markets
After nearly four months of relentless gains, Wall Street took a step back, with major indexes finishing the week lower.
Fed's Cook says tepid July jobs data merits concern
Federal Reserve Governor Lisa Cook said on Wednesday that July hiring data released last Friday was “concerning” in the ...