U.S. employers hired at a steady clip in November while the unemployment rate fell to the lowest level in nine years, signs of enduring labor market growth that will likely leave Federal Reserve officials on track to raise interest rates later this month.…
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U.S. employers hired at a steady clip in November while the unemployment rate fell to the lowest level in nine years, signs of enduring labor market growth that will likely leave Federal Reserve officials on track to raise interest rates later this month.…
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The U.S consumer-price index accelerated in October for the third-straight month largely due to rising energy costs, the latest sign inflation pressures in the economy are firming. The U.S consumer price index rose 0.4% in October with the annual inflation rate at 1.6% from 1.2% previously and this increase was in line with market expectations.…
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The U.S consumer-price index accelerated in October for the third-straight month largely due to rising energy costs, the latest sign inflation pressures in the economy are firming. The U.S consumer price index rose 0.4% in October with the annual inflation rate at 1.6% from 1.2% previously and this increase was in line with market expectations.…
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News Event
From Trading Economics: The Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent for the seventh time during its November 2016 meeting, saying the labor market has continued to strengthen and growth of economic activity has picked up.…
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News Event
From Trading Economics: The Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent for the seventh time during its November 2016 meeting, saying the labor market has continued to strengthen and growth of economic activity has picked up.…
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Despite the fact that the Feds continue to stress its political independence, the Feds will need to put together a stronger case for a decision to increase rates within December. The Fed will however be persuaded against a move in November by very strong CPI data.…
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Despite the fact that the Feds continue to stress its political independence, the Feds will need to put together a stronger case for a decision to increase rates within December. The Fed will however be persuaded against a move in November by very strong CPI data.…
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The Fed Chair, Janet Yellen on Friday in a speech to the Federal Reserve Bank of Boston’s Economic Conference was more focused on the long-term and structural issues concerning the economy and the dynamics of inflation. She also took a more detailed look at the potential effects and policy implications of extreme economic events such as the 2008 financial crisis.…
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The Fed Chair, Janet Yellen on Friday in a speech to the Federal Reserve Bank of Boston’s Economic Conference was more focused on the long-term and structural issues concerning the economy and the dynamics of inflation. She also took a more detailed look at the potential effects and policy implications of extreme economic events such as the 2008 financial crisis.…
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Stanley Fischer, an economist and the vice chair of the US Federal Reserve stated on Wednesday that that policy makers should be concerned about the apparent “sizable decline” in the so-called natural rate of interest in recent years, which could make the economy more vulnerable to adverse shocks that render traditional monetary policy ineffective.…
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Stanley Fischer, an economist and the vice chair of the US Federal Reserve stated on Wednesday that that policy makers should be concerned about the apparent “sizable decline” in the so-called natural rate of interest in recent years, which could make the economy more vulnerable to adverse shocks that render traditional monetary policy ineffective.…
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Stanley Fischer, the Federal Reserve Vice Chairman said that low interest rates have helped the US economy raise its labor market gains which are in turn being supported by higher wages.
“With unemployment now below 5 percent we’re beginning to see the fruits of a higher-pressure labor market,” Fischer said Tuesday in response to questions following a speech at Howard University in Washington.…
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Stanley Fischer, the Federal Reserve Vice Chairman said that low interest rates have helped the US economy raise its labor market gains which are in turn being supported by higher wages.
“With unemployment now below 5 percent we’re beginning to see the fruits of a higher-pressure labor market,” Fischer said Tuesday in response to questions following a speech at Howard University in Washington.…
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News Event
From Trading Economics: The Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent for the sixth time during its September 2016 meeting. Policymakers said that the case for a rate hike has strengthened but decided, for the time being, to wait for further evidence of continued progress toward its objectives.…
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News Event
From Trading Economics: The Federal Reserve left the target range for its federal funds rate unchanged at 0.25 percent to 0.5 percent for the sixth time during its September 2016 meeting. Policymakers said that the case for a rate hike has strengthened but decided, for the time being, to wait for further evidence of continued progress toward its objectives.…
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In remarks made today, the Fed Governor Brainard showed a generally cautious approach concerning the underlying economic outlook as she progressively called for the eventual removal of policy accommodation. She also implied that the labor market has shown more progress over the last few months with a progressive decline in the amount of slack.…
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In remarks made today, the Fed Governor Brainard showed a generally cautious approach concerning the underlying economic outlook as she progressively called for the eventual removal of policy accommodation. She also implied that the labor market has shown more progress over the last few months with a progressive decline in the amount of slack.…
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The current state of the US economy call for a “serious discussion” of whether to raise interest rates at next week’s Fed meeting, Atlanta Federal Reserve Bank president Dennis Lockhart said on Monday in remarks that may raise the likelihood of Fed action.…
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The current state of the US economy call for a “serious discussion” of whether to raise interest rates at next week’s Fed meeting, Atlanta Federal Reserve Bank president Dennis Lockhart said on Monday in remarks that may raise the likelihood of Fed action.…
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