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U.S. Economy Adds 313,000 Jobs in February as Wage Growth Moderates

U.S. Economy Adds 313,000 Jobs in February as Wage Growth Moderates

A report Friday from the U.S. Labor Department shows the economy added 313,000 jobs in February, well above estimates, while wage growth moderated to 2.6%.

Why the February Jobs Report Is the Most Important Jobs Report of 2018

Why the February Jobs Report Is the Most Important Jobs Report of 2018

A report Friday from the U.S. Labor Department is expected to show that wages climbed 2.8% in February from a year earlier, with unemployment falling further to 4%, based on economist surveys by the data provider FactSet.

Fed Governor Brainard Says Gradual Rate Increases `Appropriate'

Fed Governor Brainard Says Gradual Rate Increases `Appropriate'

Federal Reserve Governor Lael Brainard said in a speech that further gradual rate increases are "appropriate," especially in light of the economic stimulus expected to come from President Donald Trump's tax cuts.

Fed Chair Powell Says Officials Will Avoid 'Overheated Economy'

Fed Chair Powell Says Officials Will Avoid 'Overheated Economy'

Federal Reserve Chair Jerome Powell, sworn in earlier this month, testified Thursday before the U.S. Senate Banking Committee.

U.S. Consumer Confidence Surged in February Despite Market Correction

U.S. Consumer Confidence Surged in February Despite Market Correction

The index climbed to 130.8 from 125.4 in January, the Conference Board, a Washington-based research association, said Tuesday in a statement. Economists had expected a reading of 127 on average, according to data provider FactSet. The index, based on a survey of consumers' assessment of business and employment conditions, was at its highest since 2000.

Fed Chair Powell Tells Congress Gradual Rate Increases to Continue

Fed Chair Powell Tells Congress Gradual Rate Increases to Continue

Federal Reserve Chair Jerome Powell, sworn in earlier this month, testified Tuesday before the U.S. House of Representatives' Financial Services Committee.

How Do Negative Interest Rates Work?

How Do Negative Interest Rates Work?

Negative interest rates are enacted during dire economic times and intended to boost spending and lending. Here's what you need to know when rates drop below 0.

Fed Sees Further Rate Hikes Ahead as Inflation Rises Toward 2%

Fed Sees Further Rate Hikes Ahead as Inflation Rises Toward 2%

The Federal Reserve's monetary-committee released minutes of its January meeting, in which members held benchmark U.S. interest rates steady in a range of 1.25% to 1.5%.

3 Key Takeaways From Fed's Latest Monetary-Policy Statement

3 Key Takeaways From Fed's Latest Monetary-Policy Statement

Federal Reserve officials, in their first meeting of 2018, held benchmark U.S. interest rates steady in a range of 1.25% to 1.5%, as expected.

Bank of America Sees 'Modestly Hawkish' Tilt to Fed Rate Statement

Bank of America Sees 'Modestly Hawkish' Tilt to Fed Rate Statement

Federal Reserve officials, in their first meeting of 2018, held benchmark U.S. interest rates steady in a range of 1.25% to 1.5%, as expected.