The nation added an estimated 227,000 jobs in November. That tally exceeded the consensus forecast of 214,000 and was a big recovery from the hurricanes and
The Federal Reserve looks ready to lower the federal funds rate by a quarter point, to a range of 4.25% to 4.50%, at next week’s monetary policy meeting. That
Long-term Treasury yields continue to rally. This move higher comes despite the Federal Reserve reducing the federal funds rate by three quarters of a
The Federal Reserve cut the federal funds rate by a quarter point, to 4.50%-4.75%, at its November Federal Open Market Committee (FOMC) meeting. It marked the
The balance of political power in Washington, D.C. will shift in 2025. That is because former President Donald J. Trump was re-elected President and will take
The Federal Reserve will likely continue on its recently commenced less-restrictive monetary policy course. Investors should note that the central bank was
The latest round of inflation data was mixed. The September Consumer Price Index (CPI) came in above forecast, with the headline figure rising 2.4% over the 12
The nation added an estimated 254,000 jobs in September. That figure far exceeded the consensus forecast of 150,000 and was accompanied by a drop in the
The Federal Reserve has begun loosening the monetary reins. At the September Federal Open Market Committee (FOMC) meeting, policy makers voted to reduce the
The Federal Reserve has pivoted on the interest-rate front. Indeed, the Federal Open Market Committee (FOMC) reduced the federal funds rate by a half-point, to
The nation added an estimated 142,000 jobs in August. That figure was below the consensus calling for 161,000 additions and was accompanied by a sharp
The stage appears set for the Federal Reserve to begin reducing the federal funds rate at next week’s two-day monetary policy meeting. At last month’s
