Minutes show that officials see further interest rate hikes as still possible, given economic uncertainty
Demand for workers remains strong by historical standards
Month-over-month drop was the largest since April 2020
Wednesday’s planned meeting between Biden and Xi would be the first time the two leaders will have spoken in a year
A modest 150,000 U.S. jobs were created in the month amid higher borrowing rates
Labour market shows strength, even as the Fed tries to cool the economy
Mideast war poses new uncertainty
American employers posted 9.6 million job openings in August, up from 8.9 million in July
Surprising resilience continues amid tighter monetary policy
Consumer spending showed a decent gain but was down from Q1