Will they or won’t they? The Federal Reserve has finally answered the question industry analysts and the financial markets have been asking for most of this year, opting to hold… Read More »
When will the Federal Reserve raise interest rates? Economists, business executives and consumers have been asking that question with increasing intensity for the past two years. The July employment report… Read More »
The June economic reports brought a spate of mostly good news, peppered with continuing concerns about the employment outlook. Although employers added 223,000 jobs for the month wage gains remained… Read More »
The Federal Reserve continues to eye an increase in the Federal Funds Rate this year, but from a distance and with no apparent inclination to hasten that move. Speaking recently… Read More »
For anyone concerned that the Federal Reserve might move too quickly to boost interest rates, the disappointing March employment report was reassuring, if not welcome, news. Most analysts agreed that… Read More »
Housing reports turned mainly (although not entirely) positive in February. Existing home sales rebounded to record a 1.2 percent gain following a steep January decline. The annual sales pace of… Read More »
The February employment report fell solidly and impressively in the “better” column, as employers added 295,000 workers to their payrolls. The strong performance beat both more conservative estimates and the… Read More »
The year began with a strong jolt of positive news: Employers added 252,000 jobs in December, beating estimates, and the unemployment rate declined to 5.6 percent, its lowest level since… Read More »