Newest Jobs Data Fail to Resolve Fed Debate Over September Cut [BNN Bloomberg (Canada)]
PNC Financial Services Group, Inc. (The) (PNC)
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am
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Source: BNN Bloomberg
Figures released Friday showed employers created fewer jobs than expected in August, adding to a steady stream of recent signs the labor landscape is cooling. New York Fed President John Williams and Fed Governor Christopher Waller, speaking at separate events after the data was released, acknowledged a moderation in the labor market. Despite that, Waller said he doesn't believe the economy is in or headed for recession, while Williams said conditions now are more “consistent with the good labor market” before the Covid-19 pandemic. But Waller made clear he stands ready to support the labor market, echoing remarks last month from Fed Chair Jerome Powell, and said he would advocate for a bigger move “if subsequent data show a significant deterioration in the labor market.” Traders are pricing in at least a quarter-point worth of easing this month, though some are still betting on a bigger move when officials gather in Washington Sept. 17-18. “Did this jobs number rise to the t
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News
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- PNC Raises Q3 NII Outlook on Outperformance in Capital Markets [Yahoo! Finance]Yahoo! Finance
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- Freddie Mac names Diana Reid CEO [Seeking Alpha]Seeking Alpha
PNC
Earnings
- 7/17/24 - Beat
PNC
Sec Filings
- 9/13/24 - Form 144
- 9/10/24 - Form 4
- 9/6/24 - Form 144/A
- PNC's page on the SEC website