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Tag: Latest News: Economy
Existing home sales fell for the 11th consecutive month in December, hitting the slowest pace since November 2010
Home in Rocklin, California, US on Tuesday, December 6, 2022. According to real estate brokerage Redfin,…
Quarter-point interest rate hike in February as market all but inflation slows
Mariner S in Washington, DC. Eccles Federal Reserve Board Building Sarah Silbiger | reuters Markets are…
Powell says Fed may have to make unpopular decisions to stabilize prices
chairman of the federal reserve Jerome Powell The central bank on Tuesday stressed the need to…
Payrolls and wages blow past expectations, take flight as Fed rate hike looms
Job growth in November was much better than expected despite the Federal Reserve’s aggressive efforts to…
The Fed’s path to a ‘Goldilocks’ economy just gets a little more complicated
A ‘Help Wanted’ sign is displayed in a store window in Manhattan on December 02, 2022…
Fed Chair Powell says small interest rate hike could begin in December
WASHINGTON – Federal Reserve Chairman Jerome Powell confirmed on Wednesday that a small interest rate hike…
Jobs shrink in October amid Fed’s efforts to cool labor market
Employees sort packages at a FedEx Express facility on Cyber Monday on Monday, November 28, 2022…
Private hiring increased by just 127,000 jobs in November, far less than expected, reports ADP
Private hiring slowed sharply during November, which could see the historically tight labor market lose some…