The Federal Reserve has been focusing on the jobs picture since last Fall, prompting Fed Chair Jerome Powell to cut interest rates by 1% through December. Related: Legendary fund manager makes bold stock market prediction The policy shift led to widespread expectations that the Fed would continue cutting rates in 2025.

Federal Reserve policymakers on the alert for possible cracks in the labor market as businesses adjust to President Donald Trump's erratic trade policy got some reassurance on Friday that so far there's little weakness,

Presidential demands for lower interest rates are falling on deaf ears at the Fed as near-term inflation concerns limit the scope for action. Click to read.