The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.
Category: Federal Reserve System
-
U.S. employers added 517,000 jobs in January.
The New York Times – Business: -
Strong Job Growth in January is a Boost for Biden
The New York Times – Business:President Biden has for months pointed to solid hiring trends as evidence that his agenda has rebuilt the economy after the pandemic shutdowns.
-
U.S. employers added 517,000 jobs in January.
The New York Times – Business:The hefty hiring figures defied expectations and underscored the challenges facing the Federal Reserve, which is trying to cool the labor market in its effort to tame rapid inflation.
-
Is It Time for a High-Yield Savings Account? What to Know About Rates.
The New York Times – Business:Some online banks offer yields of 3.3 percent or more, but savers may be reluctant to open one because they think it will be a hassle.
-
La Fed aumentó su tasa de interés. Esto significa para tu dinero
The New York Times – Business:Los ahorradores se benefician y los deudores pueden esperar que sus deudas en tarjetas de crédito, préstamos estudiantiles y otros créditos aumenten.
-
Can A Trillion Dollar Coin Resolve the Debt Ceiling Crisis?
The New York Times – Business:The latest standoff over raising the nation’s debt ceiling is giving new life to an old theory about how to avoid a default.
-
What Fed Rate Increases Mean for Mortgages, Credit Cards and More
The New York Times – Business:Savers will benefit and borrowers can expect to pay more on credit cards, student loans and other forms of debt.
-
Stock Market’s Newfound Optimism Faces Test as Fed Meets
The New York Times – Business:Recent stock gains have been driven by hope that a rate-raising cycle is close to ending. If investors decide they were wrong about this, a drop could follow.
-
U.S. Wages Grew More Slowly Than Expected Late Last Year
The New York Times – Business:The Employment Cost Index, which Federal Reserve officials watch closely as a gauge of pay trends, is picking up more slowly.
-
Wall Street Is Counting on a Debt Limit Trick That Could Entail Trouble
The New York Times – Business:If the debt limit is breached, investors expect Treasury to put bond payments first. It’d be politically and practically fraught.
-
Smaller Rate Increase by Federal Reserve Likely as Inflation Cools
The New York Times – Business:America’s central bank is expected to raise rates by a quarter point on Wednesday. The question now is what comes next.
-
A Closely Watched Measure of Inflation Slowed in December
The New York Times – Business:The Personal Consumption Expenditures price index climbed 5 percent from a year earlier, slower than the reading last month.