The nation created an estimated 517,000 jobs in January. That figure far outpaced the consensus forecast of 187,000. The employment rate inched lower, to 3.4%
The inflation picture is looking better. This was reflected in a series of reports showing a moderation in December prices. It also should be noted that the
The stock market rallied at the start of 2023. True, there have been some speed bumps in the form of weak economic data, but the decline in Treasury market
Inflationary pressures have shown signs of moderating. This was evident in the Labor Department’s report on consumer prices. Specifically, the Consumer Price
The nation added an estimated 223,000 jobs during the final month of 2022. That figure was down from the previous month’s revised tally of 256,000, but above
The new year begins with questions about the U.S. economy still unanswered. Wall Street typically does not like such uncertainty; and hence the selloff in both
Both the stock and bond markets performed poorly in 2022. This is a rare occurrence, as equities and bonds typically have an inverse relationship. But against
The Federal Reserve rendered its final monetary policy decision of 2022. At its mid-December Federal Open Market Committee (FOMC) meeting, the central bank
The Federal Reserve continues to walk a tightrope in its battle to tame inflation. The central bank has been very aggressive in raising the benchmark short-term
The nation added an estimated 263,000 jobs in November. The better-than-expected tally brought the estimated total jobs created over the first 11 months of 2022
The attention of Wall Street will turn to the Federal Reserve’s next monetary policy decision. The two-day Federal Open Market Committee (FOMC) meeting, which
The consumer will likely move into the spotlight now that the holiday season has arrived. Notably, retail sales rose 1.3%, month over month, in October, which
