Federal Reserve officials thought job gains would taper off more, but they’ve remained strong. An improving supply of workers has been crucial.
Tag: Federal Reserve System
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U.S. Recession Appears Less Likely, Economists Say
Rising interest rates were widely expected to put the U.S. economy in reverse. Now things are looking rosier, but don’t pop the Champagne corks yet.
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Inflation Drops to 3% in June
The Consumer Price Index climbed far more slowly in June, a relief for shoppers and a hopeful — though inconclusive — sign that America might pull off a “soft landing.”
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The U.S. Economy Looked Like it Was in for a Recession. It Wasn’t.
A tale of a disaster wrongly foretold.