The Fed Is Trying to Cure Inflation Without Starting a Recession
Posted inBanking and Financial Institutions Consumer Price Index Content Type: Service Coronavirus (2019-nCoV) Interest Rates Personal Finances Recession and Depression Stimulus (Economic) Stocks and Bonds Unemployment United States Economy

The Fed Is Trying to Cure Inflation Without Starting a Recession

Lowering inflation to 2 percent without causing a recession and throwing people out of work would be a rare achievement. The markets are acting as if it has already happened.
U.S. Economy Adds 209,000 Jobs in June as Pace of Hiring Cools
Posted inBiden, Joseph R Jr Federal Reserve System Hiring and Promotion Interest Rates Labor and Jobs Labor Department (US) Prices (Fares, Fees and Rates) Unemployment United States Economy Wages and Salaries

U.S. Economy Adds 209,000 Jobs in June as Pace of Hiring Cools

Hiring slowed last month, a sign that the Federal Reserve’s inflation-fighting campaign is taking hold. But with rising wages and low unemployment, the labor market remains resilient.