The Fed may hold off on cutting rates, at least in January: Powell
U.S. central bank may get clearer jobs and inflation picture in January when backlogged data is released
Despite mixed economic signals, Fed expected to cut key rate next week
Lower-income groups are bearing the brunt of inflation, tepid job market
For now, the U.S. job market appears stuck in a “low-hire, low-fire” state
Concerns about high costs, slowing job market, are growing
Rise could push Q3 growth to 3%, but job market remains sluggish
Lack of economic data may prompt Fed to skip December rate cut
They argued that inflation remains stubbornly elevated, economy is resilient
U.S. central bank points to slowdown in labour market in decision