Fed’s Powell Ready to Support Job Market Even if Inflation Lingers: As inflation surged in 2022, the Federal Reserve moved to prevent a wage-hike spiral by ...
bloomberg.com/news/articles/2024-03-24/fed-s-powell-ready-to-support-job-market-even-if-inflation-lingers
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Thursday’s Morning Call: Market Eyes Central Bank Inflation Insights: Today's market closely follows the Central Bank's inflation report ...
riotimesonline.com/thursdays-morning-call-market-eyes-central-bank-inflation-insights/
Can Australia pull off the once-impossible with jobs and inflation?: Despite the brutal round of interest rate hikes, people are still holding onto their jobs — ...
abc.net.au/news/2024-03-26/immaculate-disinflation-rba-central-banks-unemployment-inflation/103630768
February Jobs Report: U.S. Job Growth Remains Strong: The labor market showed resiliency in February, adding 275,000 jobs, a sign that economic growth is still ...
nyti.ms/43aKBST
Quick Glance: Slower, but strong US job growth expected
- Forecast: Nonfarm payrolls to increase by 200,000 in February
- Unemployment rate expected unchanged at 3.7%
- Average hourly earnings to rise 4.4% year-on-year
- Labor market remains strong despite potential rate cuts
CEO confidence rises to its highest level in two years: The booming stock market, declining inflation rate and low unemployment are driving confidence up.
axios.com/2024/02/08/ceo-confidence-rises-highest-level-in-two-years
What Soft Landing? | by Michael R. Strain - Project Syndicate: Michael R. Strain warns that the US economy could still crash, given negative consumer sentiment ...
project-syndicate.org/commentary/us-economy-soft-landing-not-guaranteed-by-michael-r-strain-2024-03
The Middle Truth in the Inflation Muddle | by Barry Eichengreen - Project Syndicate
project-syndicate.org/commentary/why-fed-critics-are-wrong-about-monetary-policy-role-by-barry-eichengreen-2024-02
The depreciating value of the ringgit has not affected investors’ confidence in Malaysia, said Prime Minister Anwar Ibrahim ... Show more
Opinion | Bidenomics Is Still Working Very Well: Ignore the latest round of inflation doomsaying.
trib.al/Qg9k2Tv
'I am losing my mind': Behind the rosy job numbers, Americans are struggling to find work
usatoday.com/story/money/2024/03/07/job-market-cooling-despite-high-employment-numbers/72846912007/
CEO confidence rises to its highest level in two years: The booming stock market, declining inflation rate and low unemployment are driving confidence up.
axios.com/2024/02/08/ceo-confidence-rises-highest-level-in-two-years
Top 5 misconceptions about the economy in 2023: 2023 was a year in which many experts got a lot of things wrong about the economy. From mistaken forecasts about ...
thehill.com/business/4379337-top-5-misconceptions-about-the-economy-in-2023/
Fed forecasts rate cuts this year but sees economic strength: The speed and timing of rate cuts is top of mind for both Washington and Wall Street as they try to ...
politico.com/news/2024/03/20/wall-street-fed-inflation-verdict-00148000
Quick Glance: UK Inflation Rate Drops to 3.4% - Lowest Level in Almost Two and a Half Years - BBC News
- The UK inflation rate fell to 3.4% for the year to February - the lowest level in almost two and a half years.
- Economists predict that inflation is likely to hit the Bank of England's target of 2% this summer.
- Cost of living is increasing while wage growth is outpacing inflation.
- Housing costs are rising faster, putting pressure on renters and homeowners.
December jobs report: Here are 7 key takeaways: Employers added 216,000 jobs in December and the unemployment held at 3.7%. Here are 7 takeaways from the final ...
usatoday.com/story/money/2024/01/05/december-jobs-report-unemployment-data/72113924007/
Quick Glance: US Employers Add Strong 216,000 Jobs in December
- In December, the nation's employers added robust 216,000 jobs without COVID-19 lockdowns.
- December's job gain exceeded the 173,000 added in November.
- The government reported a strong job market, with steady job growth, rising wages, and cooling inflation.
- The Fed prefers having more people enter the labor force to help ease the pressure on employers to sharply boost pay.
Americans are feeling optimistic about the economy again, with some exceptions: American consumers haven't felt this good about the direction of the economy in ...
nbcnews.com/business/economy/how-the-us-economy-is-doing-right-now-2024-explainer-rcna134724
Stock market surges into 2024, shrugging off recession fears: The “Magnificent Seven” cadre of tech companies led the market’s gains as a recession never ...
washingtonpost.com/business/2023/12/29/stock-market-2023/
What to Expect From Fed Meeting March 2024: The Federal Reserve will likely avoid signaling an imminent rate cut this week, staying focused on stubborn inflation ...
bloomberg.com/news/articles/2024-03-19/what-to-expect-from-fed-meeting-march-2024
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Applications for U.S. unemployment benefits dip to 210,000, another sign the job market is strong
bostonherald.com/2024/03/21/applications-for-u-s-unemployment-benefits-dip-to-210000-another-sign-the-job-market-is-strong/
Larry Summers says the Fed is to eager to cut rates: "My sense is still that the Fed has itchy fingers to start cutting rates and I don't fully get it ...
businessinsider.com/federal-reserves-rate-cuts-itchy-fingers-rush-inflation-larry-summers-2024-3
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Blue collar workers won big in 2023, defying bleak predictions: The year began with a recession forecast but ended with substantial wage growth and record union ...
washingtonpost.com/business/2023/12/30/2023-strikes-workers-american-wages-labor/
Coup Compulsion: The Readout: Today we’re looking at: this week’s inflation data, the scheduled Bank of England decision and unhappy Tories — the holy Trinity of ...
bloomberg.com/news/newsletters/2024-03-18/coup-compulsion-the-readout
UK Jobs Market Shows Broad Signs of Cooling in Relief for BOE: Britain’s unemployment rate rose for the first time since July as wage growth eased ...
bloomberg.com/news/articles/2024-03-12/uk-unemployment-rate-rises-unexpectedly-as-pay-growth-eases
Investors embrace risk again as recession fears fade, rate cuts loom: Wall Street is feeling bullish as hopes persist for swift rate cuts and FOMO takes hold ...
businessinsider.com/wall-street-investors-risk-stock-market-outlook-inflation-recession-unemployment-2024-3
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Powell Says Fed’s Close To Evidence Needed on Inflation to Cut Interest Rates: Eight months after raising interest rates to a two-decade high, Federal Reserve ...
bloomberg.com/news/articles/2024-03-10/powell-says-fed-s-close-to-evidence-needed-on-inflation-to-cut-interest-rates
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Inflation's Harsh Line Between the Latest S&P 500 Record and the Common Man: The inflation numbers were benign enough for the S&P 500 to set another ...
bloomberg.com/opinion/articles/2024-03-13/inflation-s-harsh-line-between-the-latest-s-p-500-record-and-the-common-man
As doomsday predictions dissipate, Biden aides savor booming economy: Strong economic growth and falling unemployment have buoyed the White House’s mood ahead of ...
washingtonpost.com/business/2024/01/25/biden-economy-2024-election/
When it comes to take-home salaries, there’s a clear income disparity between #expatriates and citizens in #Kuwait . But, with high unemployment and inflation rates ... Show more
Fed Gets More Reasons to Delay Interest-Rate Cuts in February PPI, Jobless Data: Fresh data on inflation and unemployment filings gave Federal Reserve officials ...
bloomberg.com/news/articles/2024-03-14/fed-gets-more-reasons-to-delay-interest-rate-cuts-in-latest-data
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Why the stock markets are so nervous about today's Fed interest rate decision: The economy in the USA is doing better than expected, but inflation has recently ...
diepresse.com/18290769/warum-die-boersen-vor-der-heutigen-zinsentscheidung-der-fed-so-nervoes-sind
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The Real Reason No One Is Giving Biden Credit for How Good the Economy Is Right Now
slate.com/news-and-politics/2024/03/biden-economy-voters-polling-numbers-covid-recovery.html
Three reasons to be optimistic about your finances in Norway: Things may be looking up for most households when it comes to wages and the cost of living ...
thelocal.no/20240315/three-reasons-to-be-optimistic-about-your-finances-in-norway
Central bankers see ‘immaculate disinflation’ within reach: Economists forecast inflation easing from multi-decade highs without sharp rise in unemployment
ft.com/content/d413fffb-77bd-4aa1-a02c-c07c7860fbc7
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Recession outlook: Unemployment top threat to soft landing, Krugman says: Krugman is focused on a recession indicator that flashes red when the unemployment rate ...
businessinsider.com/next-recession-outlook-rising-unemployment-biggest-threat-sahm-rule-krugman-2024-3
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The UK economy is a long way from blossoming despite glimmers of hope: A deeper recession was avoided only thanks to record immigration, and the MPC is bound to ...
theguardian.com/business/2024/mar/17/the-uk-economy-is-a-long-way-from-blossoming-despite-glimmers-of-hope
11 charts that show how covid changed the U.S. economy: A new normal has settled into the U.S. economy — one that nobody could have predicted four years ago ...
washingtonpost.com/business/2024/03/16/economy-recovery-covid-unemployment-wages-debt-groceries/
Inflation remains 'biggest problem' for most Pakistanis: As Pakistan continues to grapple with various issues amid a spiraling socio-economic crisis ...
thenews.com.pk/latest/1168466-inflation-remains-biggest-problem-for-most-pakistanis
World Economy Latest: ECB Holds Rates Steady While US Unemployment Rate Rises: The European Central Bank left interest rates unchanged for a fourth meeting as a ...
bloomberg.com/news/articles/2024-03-09/world-economy-latest-ecb-holds-rates-steady-while-us-unemployment-rate-rises
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Another burst of hiring shows off the resilience of the US job market: Last month’s job growth marked an increase from a revised gain of 229,000 jobs in January ...
english.elpais.com/economy-and-business/2024-03-09/another-burst-of-hiring-shows-off-the-resilience-of-the-us-job-market.html
The Mystery of US Interest Rates | by J. Bradford DeLong - Project Syndicate: J. Bradford DeLong asks why market rates and expectations are far from what almost ...
project-syndicate.org/commentary/us-interest-rates-above-neutral-rate-nobody-knows-why-by-j-bradford-delong-2024-03
US gained 199k jobs in November, jobless rate falls: The U.S. economy added 199,000 jobs in November, and the unemployment rate fell to 3.7 percent ...
thehill.com/business/4348321-us-gained-199k-jobs-in-november-jobless-rate-falls/
Quick Glance: US Job Growth: 199K Added, Unemployment Falls
- Last month, US employers added a solid 199,000 jobs and the unemployment rate dropped.
- The unemployment rate fell from 3.9% to 3.7%, not far from a five-decade low in April.
- The unemployment rate has been below 4% for 22 months, the longest streak since the late 1960s.
- The economy and labor market are showing signs of slowing back to pre-pandemic levels as inflation decreases.
Leave things alone: Fed shouldn’t cut rates until recession is an actual threat: The U.S. central bank should stay the course and avoid prematurely celebrating ...
marketwatch.com/story/leave-things-alone-the-fed-shouldnt-cut-rates-until-recession-is-an-actual-threat-9c148853
A Rise in the Federal Reserve’s Preferred Inflation Indicator: PCE: On today’s Big Take podcast, we sort through fresh economic data to understand where ...
bloomberg.com/news/articles/2024-03-04/a-rise-in-the-federal-reserve-s-preferred-inflation-indicator-pce
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Euro-Area Inflation Eases to Below ECB 2% Goal, BE Nowcast Shows: ECB officials about to meet in Frankfurt this week can take heart: according to the Bloomberg ...
bloomberg.com/news/articles/2024-03-05/euro-area-inflation-reaches-2-in-be-nowcast-just-as-ecb-meets
US, euro zone show how rate hikes don't necessarily drive up joblessness: The U.S. and the euro zone are a tale of two economies with a similar unemployment ...
axios.com/2024/01/10/unemployment-us-europe
Opinion: Reminder: Trump’s last year in office was a national nightmare: One of the amazing political achievements of Republicans in this election cycle has been ...
sltrib.com/opinion/commentary/2024/03/10/opinion-reminder-trumps-last-year/
Stock rally, rate-cut forecasts get tested by Powell’s testimony and jobs report: ‘Inflation has bottomed out, but is still above the Fed’s objective and it ...
marketwatch.com/story/stock-rally-rate-cut-forecasts-face-test-from-powell-testimony-and-jobs-report-9bf473b4
'America is back': Joe Biden's glowing economic record: As he delivers his State of the Union address on Thursday, the president of the United States can boast ...
lemonde.fr/en/united-states/article/2024/03/07/america-is-back-joe-biden-s-glowing-economic-record_6594157_133.html
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Does Interest Rate Pain Explain the Consumer Sentiment Gap?: Consumers consider the cost of money part of their cost of living, but most calculations of ...
bloomberg.com/opinion/articles/2024-03-04/does-interest-rate-pain-explain-the-consumer-sentiment-gap
US. manufacturers contract again in February, but business seen picking up: ISM manufacturing index backslides to 47.8%
marketwatch.com/story/ism-manufacturers-index-falls-to-47-8-in-february-from-49-1-3db22c83
House prices rose in all capital cities except Hobart in February as demand outstrips supply. The increase in property values comes despite 13 interest rate ... Show more
“Unemployment, inflation is reason…” Congress MP Rahul Gandhi on Parliament security breach incident#rahulgandhi #congress #inflation #unemployement
#FirstpostAmerica : The West African nation of Guinea is about to transition to democracy after the country’s military junta leader appointed Mamadou Oury Bah as the new ... Show more
The Fed Contrarian Who Saw the Soft Landing Coming: The influence of Christopher Waller, a Trump appointee, rises as he challenges economic orthodoxy.
wsj.com/economy/central-banking/the-fed-contrarian-who-saw-the-soft-landing-coming-9a4f1b9f
US heading to 1970s-style stagflation, JPMorgan Chase strategists warn: U.S. stocks smashed a new record high last week, but the rally may not last for long ...
foxbusiness.com/economy/jpmorgan-warns-investors-should-brace-1970s-style-stagflation
Yellen says economists 'eating their words' after predicting high US unemployment
reuters.com/world/us/yellen-says-economists-eating-their-words-after-predicting-high-us-unemployment-2023-12-06/
US applications for jobless benefits fall to lowest level in 12 weeks: The number of Americans applying for unemployment benefits inched down to its lowest level ...
apnews.com/article/unemployment-benefits-jobless-claims-layoffs-labor-086eb9142210f9ea195fcc2212e8017a
NABE: US economy poised to outperform in 2024: 2024 could be another year that stuns economic forecasters.
axios.com/2024/02/26/economy-recession-federal-reserve
More Americans are feeling better about their finances—here's why, in 5 charts: Buoyed by wage growth and easing inflation, Americans are starting to feel more ...
cnbc.com/2024/02/20/charts-why-americans-are-more-confident-about-the-economy.html
Layoffs, shutdowns: Lawmaker sees 3 scenarios in P100 wage hike: Inflation, layoffs and possible shutdown. These are the 3 possible scenarios seen by a member of ...
news.abs-cbn.com/news/2024/2/20/layoffs-shutdowns-lawmaker-sees-3-scenarios-in-p100-wage-hike-855
U.S. unemployment claims drop by 24,000 to 209,000, another sign of labor market resiliency
apnews.com/article/economy-jobs-unemployment-jobless-claims-benefits-a8504e375c1cdaf6e57efe659f87a790
Russia Holds Rate With Inflation in Focus Ahead of Elections
bloomberg.com/news/articles/2024-02-16/russia-holds-rates-with-inflation-in-focus-ahead-of-elections
Data Show the Economy Is Booming. Wall Street Thinks Otherwise.: A handful of high-profile reports on inflation, gross domestic product and the labor market have ...
wsj.com/economy/united-states-economy-data-experts-soft-landing-1f23b1a5
📺 From @Breakingviews : BVTV: US President Joe Biden has reined in inflation, kept unemployment low, and helped a post-pandemic recovery ... Show more
"No Acknowledgement Of Rampant Unemployment, Food Inflation": P Chidambaram On Interim Budget#BudgetWithNDTV #Budget2024 #Budget #NirmalaSitharaman
Meet the New Economy, Just Like the Old Economy: GDP, unemployment, and even inflation look a lot like the prepandemic economy. The big changes are beneath the ...
on.wsj.com/3RZXbjX
U.S. economy adds whopping 353,000 jobs in January: The first look at the 2024 labor market shows it's is on fire — not slowing down as previously thought.
axios.com/2024/02/02/us-jobs-report-january-2024
Quick Glance: Record Number of New Jobs in the US in January
- New data from the Labor Department shows that the US economy added 353,000 jobs in January, with the unemployment rate at 3.7 percent.
- The January jobs report far exceeded economists' expectations, who predicted a gain of 185,000 jobs and an unemployment rate of 3.8 percent.
- "The labor market is the little engine that could, and it kept chugging away in January," said John Leer, chief economist at Morning Consult.
- The surprisingly strong jobs report will exclude a rate cut in March and raises questions about how quickly the Fed will actually lower interest rates.
The Economy Is Thriving. Why Are Americans Feeling So Sour About It?: The disconnect has puzzled economists, investors and business owners. Here are some answers ...
wsj.com/story/the-economy-is-thriving-why-are-americans-feeling-so-sour-about-it-d9be73f3
Congress releases ‘black paper’ against Modi govt: ‘Centre discriminates against non-BJP states, finishing democracy’
indianexpress.com/article/india/congress-black-paper-modi-kharge-unemployment-9150316/
‘Why should poorest lose jobs to get inflation down?’: The Reserve Bank's efforts to cool the economy are hitting the poorest hardest, says the Salvation Army.
rnz.co.nz/news/business/509415/why-should-poorest-lose-jobs-to-get-inflation-down
UK unemployment dips to 3.8% at the end of 2023: Elevated inflation saw wage growth ease to 6.2% in Q4, raising expectations of pre-election tax cuts.
freemalaysiatoday.com/category/business/2024/02/13/uk-unemployment-dips-to-3-8-at-end-of-2023/
Gold trades in tight range ahead of key US inflation data: Gold prices were stuck in a tight range on Tuesday as investors refrained from making big bets ahead ...
reuters.com/markets/commodities/gold-trades-tight-range-ahead-key-us-inflation-data-2024-02-13/
The economy is a trouble spot for Biden despite strong signs. Here's why: Despite job growth, low unemployment and record spending, Americans are in a sour mood ...
npr.org/2023/12/09/1218291541/biden-economy-inflation-jobs
Experts thought they knew how the economy worked. After the pandemic, they’re not so sure.
thehill.com/business/4342934-experts-thought-they-knew-how-the-economy-worked-after-the-pandemic-theyre-not-so-sure/
US applications for unemployment benefits fall again despite recent layoffs: The number of Americans filing for jobless claims fell last week despite more layoff ...
chicagotribune.com/2024/02/09/us-applications-for-unemployment-benefits-fall-again-despite-recent-layoff-announcements/
Inflation Casts a Long Shadow Over Elections: In the coming elections in the U.S. and the U.K., voters’ distress over higher prices could outweigh any cheering ...
on.barrons.com/3SAYh4m
PML-N supremo reiterates party's economic agenda provisioning measures against inflation, unemployment if voted into power
Read more: www.thenews.com.pk/latest/1153940 #TheNews #Election2024
Why Americans feel gloomy about the economy despite falling inflation and low unemployment
apnews.com/article/economy-inflation-prices-jobs-income-recession-unemployment-e9e96643d8a1eb3ab2f57810219b8324
Quick Glance: US Economy: Why Americans Remain Gloomy Despite Decreasing Inflation and Low Unemployment
- Majority of Americans express dissatisfaction with Biden's economic management in polls.
- Prices for many goods and services remain significantly higher than three years ago despite the cooling inflation.
- Inflation rate is decelerating.
- Many Americans still feel the effects of inflation.
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