By Dan Burns (Reuters) – Deposits at U.S. commercial banks rose near the end of March for the first time in about a month, showing signs of stabilizing after the two largest bank failures since[...]
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April 7, 2023
U.S. yields and dollar climb after jobs report
By Chuck Mikolajczak NEW YORK (Reuters) – U.S. Treasury yields and the dollar climbed in an abbreviated session on Friday after employment data for March indicated the labor market remained tigh[...]
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Inside the US jobs report: Record-low Black unemployment
By Dan Burns and Howard Schneider (Reuters) – The Black unemployment rate hit a record low in March, a milestone for a U.S. labor market that most policymakers and economists expect to begin coo[...]
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US economy still churning out jobs at brisk clip; wage pressures subsiding
By Lucia Mutikani WASHINGTON (Reuters) – U.S. employers maintained a strong pace of hiring in March, pushing the unemployment rate back down to 3.5% and signaling labor market resilience that wi[...]
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Dollar firms as US jobs report backs Fed hike in May
By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – The dollar strengthened on Friday after data showed an increase in jobs in the world’s largest economy last month, suggesting that the Fede[...]
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Solid US jobs data keeps Fed on track for rate hike in May
By Howard Schneider WASHINGTON (Reuters) -An historically low U.S. unemployment rate and rising wages will likely keep the Federal Reserve on track to raise interest rates by another quarter of a perc[...]
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US payrolls rise moderates in March, participation rate firms
NEW YORK (Reuters) – The U.S. economy continued to churn out jobs at a brisk pace in March, pushing the unemployment rate down to 3.5%, signs of persistent labor market tightness that could see[...]
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Russia swings to $29 billion first-quarter budget deficit
By Darya Korsunskaya and Alexander Marrow MOSCOW (Reuters) -Russia’s federal budget balance sank to a deficit of 2.4 trillion roubles ($29 billion) in the first quarter of the year as Moscow spe[...]
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Central Europe’s policymakers double down on hawkish message
By Jan Lopatka PRAGUE (Reuters) – Central bankers across central Europe have doubled down on their hawkish policy messages in the past two weeks in a bid to persuade investors to ditch bets that[...]
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