U.S. economy added just 143,000 jobs in January but unemployment rate fell to 4%
Job creation was weaker than expected in January, the Bureau of Labor Statistics reported Friday.
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Job creation was weaker than expected in January, the Bureau of Labor Statistics reported Friday.
Consumers sharply curtailed their spending in January, indicating a potential weakening in economic growth ahead, according to a Commerce Department report Friday.
A gauge of wholesale prices rose more than expected in January, though some details of the report indicated that pipeline inflation pressures are easing.
Inflation perked up more than anticipated in January, providing further incentive for the Federal Reserve to hold the line on interest rates.
A Federal Reserve interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report Wednesday, according to updated market pricing.
President Donald Trump again switched positions on the Federal Reserve, indicating in a social media post Wednesday that interest rates need to come down.
This is CNBC's live blog covering Asia-Pacific markets.
Consumers grew dramatically more worried about near-term inflation as President Donald Trump pushed aggressive tariffs against major U.S. trading partners, a closely watched survey showed Friday.