The March jobs report shows that more than 170,000 jobs were added last month. The unemployment rate remained relatively the same as February. The US labor market was expected to remain relatively stable, but experts say the Iran Moore is continuing to shift the economic landscape.>> 178,000 that was well above what we were expecting for this March jobs report. Economists on the street were expecting something closer to 60,000. So when you take a look at 178, that actually blows through the top of this char ...

The March jobs report shows that more than 170,000 jobs were added last month. The unemployment rate remained relatively the same as February. The US labor market was expected to remain relatively stable, but experts say the Iran Moore is continuing to shift the economic landscape.>> 178,000 that was well above what we were expecting for this March jobs report. Economists on the street were expecting something closer to 60,000. So when you take a look at 178, that actually blows through the top of this char ...

CNBC's Rick Santelli joins 'Squawk Box' with the March jobs report. ...

Summary of Key Points from the Conference Call Industry Overview - The conference call primarily discusses the U.S. economic outlook, focusing on the Federal Reserve's monetary policy and its implications for inflation and unemployment rates. Core Insights and Arguments 1. **Federal Reserve's Stance on Inflation** - Chair Powell emphasized that a slowdown in core goods prices is essential for the Fed to consider rate cuts this year, indicating a dovish outlook despite upward revisions in GDP and inflation projections [1][5][9]. 2. **Economic Projections** - The summary of economic projections was viewed as dovish, with inflation and GDP forecasts slightly increased. The median dot plot still suggests a rate cut is likely this year [5][8]. 3. **Unemployment Rate Stability** - Unemployment projections remained largely unchanged, with Powell noting that the unemployment rate has shown little change, suggesting a stable labor market despite low job growth [7][12]. 4. **Inflation Forecast Adjustments** - Headline PCE inflation was revised up from 2.4% to 2.7%, while core PCE inflation increased from 2.5% to 2.7%, attributed to persistent core goods inflation and rising oil prices [8][9]. 5. **GDP Growth Expectations** - GDP growth projections were unexpectedly revised upward for 2026, attributed to increased confidence in sustained productivity growth. However, Powell cautioned that AI-related investments could raise inflationary pressures in the near term [10]. 6. **Monetary Policy Adjustments** - The Fed plans to maintain the federal funds rate target range at 3.5% to 3.75%. Future adjustments will depend on incoming data and the evolving economic outlook [16][17]. 7. **Market Reactions** - Market pricing for the policy rate showed fluctuations before and after the Fed's statements, indicating investor sensitivity to the Fed's communications [19][20]. Additional Important Content 1. **Geopolitical Risks** - The Fed acknowledged uncertainty regarding the implications of developments in the Middle East on the U.S. economy, highlighting the complexity of the current economic landscape [15]. 2. **Dovish Messaging** - Powell attempted to downplay the dovish implications of the summary of economic projections, suggesting that the current economic uncertainty complicates the Fed's decision-making process [6]. 3. **Labor Market Dynamics** - The Fed's assessment of the labor market indicates a balance where the unemployment rate remains stable, but there are concerns about potential increases in the coming months [12]. 4. **Future Rate Cuts** - The expectation is for a total of 75 basis points in rate cuts this year, with potential cuts of 25 basis points in June, July, and September [12]. 5. **Differential Inflation Metrics** - There was no discussion on the differences between stronger PCE and softer CPI inflation during the call, which may be a point of interest for future analyses [8]. This summary encapsulates the key points discussed in the conference call, providing insights into the current economic conditions and the Federal Reserve's monetary policy outlook.

QUESTION WHY WE DIDN'T SEE MUCH OF THAT LAST YEAR. >> EDWARD. >> THANK YOU.EDWARD LAWRENCE WITH FOX BUSINESS. SO IN DECEMBER WE SAW EMPLOYMENT NUMBERS REVISED DOWN TO -17,000. JANUARY REVISED DOWN FEBRUARY POSTED A LOSS OF 92,000.IS THAT IS THE EMPLOYMENT SIDE A FAR GREATER RISK THAN THE INFLATION SIDE BECAUSE WE ARE SEEING INFLATION. CPI IS CLOSE TO 2%. PCE HAS TICKED DOWN OVERALL.>> YOU KNOW IT'S REALLY I WOULDN'T SAY THAT. I WOULDN'T SAY THAT THAT'S CLEAR AT ALL. THAT ONE IS MORE AT RISK THAN THE OTHER.S ...

Three members who favored no cuts in this year moved their diets down to one. The statement goes on to say The implication of developments in the Middle East for the US economy are uncertain and the committee remains attentive to risks to both sides of their mandate. They still see one more cut in 2027.Stephen Myron, the only dissenter he wanted a quarter point cut this time. And from the dots, we discern that he still wants 100 basis points at some point this year. The language about future moves remains t ...

Federal Reserve Decisions - The Federal Open Market Committee (FOMC) maintained the benchmark interest rate steady at 3.5% to 3.75%, with projections indicating only one rate cut expected in 2026, contrary to earlier expectations of 2 to 3 cuts this year [2][3][4] - The FOMC's decision was supported by an 11 to 1 vote, with only one dissenter advocating for a rate cut, reflecting concerns over inflationary pressures and recent labor market data [3][4][5] Economic Indicators - Recent inflation data, particularly from the Producer Price Index (PPI), has been above expectations, leading to an increased inflation outlook for the end of 2026, now projected at 2.7% [6][14] - The unemployment rate is projected to remain unchanged at 4.4%, aligning with previous forecasts, while the Personal Consumption Expenditures (PCE) inflation gauge has been revised upward from 2.4% to 2.9% [14][15] Market Reactions and Outlook - The uncertainty surrounding geopolitical events, particularly in the Middle East, is contributing to fluctuations in oil prices, which have recently fallen back into negative territory despite ongoing tensions [3][7] - Despite the current economic uncertainties, the equity market has shown resilience, with only a modest pullback observed, suggesting investor optimism regarding future growth and consumer spending [17][20] Future Considerations - The Federal Reserve is expected to closely monitor upcoming economic data and the resolution of geopolitical conflicts, as these factors will significantly influence future monetary policy decisions [11][19] - There is speculation that if inflationary pressures persist, the Fed may need to consider rate hikes in the future, potentially as early as 2027 [5][10]

Core Viewpoint - The Federal Reserve has decided to maintain interest rates steady, aligning with market expectations but conflicting with President Trump's economic agenda [1]. Group 1: Interest Rate Decision - The FOMC voted to keep the federal-funds rate target at 3.50% to 3.75% after not lowering rates in January [2]. - The interest-rate futures market indicated a 99% probability that rates would remain unchanged prior to the decision [2]. Group 2: Economic Conditions - Labor conditions are showing signs of instability, with the unemployment rate rising to 4.4% in February [3]. - Economic activity has slowed, with the Bureau of Economic Analysis revising the inflation-adjusted GDP growth for the fourth quarter down to 0.7% [3].

The latest jobs data from the Labor Department highlights a widening split in the K-shaped economy, not only by income, but also gender. The unemployment rate for women held steady for the first two months of 2026 at 4.1% according to the latest data from the Bureau of Labor Statistics. But that figure mass the sharp rise in Latina and black women who are out of work and the pay disparity in the type of jobs that women hold.Women joined the labor market at nearly three times the rate of men last year, rever ...

The US lost 92,000 jobs in the month of February and the unemployment rate ticked up to 4.4%. So what's driving the surprise loss. Healthcare shed about 28,000 jobs and that's largely because of the strike activity we saw across the US.Information jobs fell by 11,000 and this is part of a larger trend that we've been hearing about AI related layoffs and the impact of AI from companies like Block and Amazon. Federal government employment dropped by about 10,000 jobs last month and it's now down 330,000 jobs ...