Weak August employment growth of just 151,000 in total non-farm payrolls, along with a 1,000-job downward revision for July, may allow the U.S. Federal Reserve to delay raising interest rates despite inflation concerns.
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Posts tagged with 'Federal Reserve'
Obama’s Jobs Report Worst in 6 Years
Despite a forecast of 160,000 new jobs, the Obama Department of Labor announced that job creation in May plunged to 38,000, the worst monthly performance in 6 years.
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Health Care Displaces Manufacturing as Tops in Jobs Under Obama
On Friday, the Labor Department reported that the economy gained just 38k jobs in May, far below economists’ expectations. Worse, the Feds revised estimates of job gains in the previous two months down, wiping 59k jobs off the labor rolls.
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Federal Reserve Should Focus on Inflation
The Federal Reserve has kept a watchful eye on labor markets but as it meets next week to chart interest rate policy, it would do well to recognize that inflation is heating up too.
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Potential Housing Crisis Dead Ahead
Chairman Janet Yellen says the Federal Reserve is delaying hiking interest rates, so the rapidly inflating real-estate bubble seems headed toward another crisis.
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Potential Housing Crisis Dead Ahead
Chairman Janet Yellen says the Federal Reserve is delaying hiking interest rates, so the rapidly inflating real-estate bubble seems headed toward another crisis.
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The Federal Reserve Is Dealing Financial Drugs
The Federal Reserve is dealing financial drugs and endangering the world economy by creating a bond bubble of epic proportions.
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7 Reasons Millennials are Financially Doomed
As the presidential race shifts into high gear, college students and recent graduates are still being largely ignored, except by one candidate whose promises of rainbows and unicorns are dreams – not reality.
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Fed Should Delay Raising Interest Rates Until After Presidential Primaries
The Federal Reserve should delay further raising interest rates until after the major party presidential nominees emerge this summer.
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Governments of the World are Coming for Your Cash
Large denomination physical cash is going to be outlawed if central bankers have their way.
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