The Federal Reserve’s almost $9 trillion asset portfolio is set to be reduced starting on Wednesday, in a process intended to supplement rate hikes and buttress the central bank’s fight against inflation.
Job growth seen cooling in May but wage increases were still hot
The pace of job growth is expected to have slowed in May, but economists say the labor market remains strong, even as parts of the economy have weakened.
Here comes the ‘good news is bad news’ jobs report
The May jobs report will drop in a few hours — or will have dropped a few hours ago, depending on when you check your inbox — and investors will be watching closely.