ADP jobs data also showed that private-sector hiring firmed up, with the reported 104,000 July gain topping 75,000 estimates. However, ADP data should always be taken with a big grain of salt.

Fed Chair Jerome Powell said the data will decide whether the central bank can cut rates in September. So all eyes are on the key July jobs report Friday, as the U.S. added only 73,000 jobs for the ...

The US July ADP employment change rose +104,000, stronger than expectations of +76,000 and the largest increase in four months. Also, the Jun ADP employment change was revised upward to -23,000 ...

U.S. Treasury yields rose on Wednesday after Federal Reserve Chair Jerome Powell said it's too soon to say whether the central bank will cut its interest rate target in September.

Powell has maintained the central bank’s key borrowing rate within a range of 4.25% to 4.5%, adopting a wait-and-see monetary policy aimed at assessing the impact of Trump’s tariff blitz.

For the first time since 1993, two members of the central bank’s policy committee broke from the pack, but interest rates will remain high for now.

Powell shook his head and said he hadn't heard that figure from anyone at the Fed. Mr. Trump handed a document to Powell, who put on his glasses to review it.

Like Powell, Trump, too, was wearing a helmet, but the president looked pretty comfortable as his hulking frame towered over the central banker’s. Recall that Trump is a real estate developer.

President Donald Trump, after a tour of the Fed’s $2.5 billion renovation, said he didn’t want to fire Federal Reserve Chair Jerome Powell because of the plan’s cost overruns.

The other 2 events consisted of the Fed's policy announcement and the subsequent press conference with Fed Chair Powell. The economic data was generally unfriendly for rates.