Don’t get carried away, but do accept the good news.
Tag: Federal Reserve System
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Good News on Jobs May Mean Bad News Later as Hiring Spree Defies Fed
Employers hired rapidly and paid more in July, suggesting the Federal Reserve may have to remain aggressive in its effort to cool the economy.
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With Surge in July, U.S. Recovers the Jobs Lost in the Pandemic
The increase of 528,000 outstripped expectations, and the gains were spread widely across industries. The jobless rate fell to 3.5 percent.
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We Can’t Let Bad Vibes Lead Us to a Recession
When we think about things like inflation and monetary policy, it’s best to frame them through people. And people are, of course, silly and messy.
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A Fed Pivot? Not Yet, Policymakers Suggest, as Rapid Inflation Lingers.
Stocks rose after the Federal Reserve’s recent meeting, with investors hoping the central bank would dial back rate increases. Not so soon, officials indicated on Tuesday.