Topline While the Federal Reserve has made progress cooling the economy, there has still been “little convincing progress” in bringing down wage growth and high inflation, according to analysts at Gol...
Tag: jobs market
Stocks Rally Despite U.S. GDP Shrinking For A Second Quarter In A Row—But Experts Say No Recession Yet
Topline The stock market moved higher on Thursday despite U.S. economic growth contracting for the second quarter in a row, a significant recession indicator which spooked markets—though most experts ...
Given The Wide Set Of Rate Scenarios, Here’s What The Fed Is Watching In 2022
Jerome Powell, chairman of the U.S. Federal Reserve, speaks during a Senate Banking, Housing, and … [+] Urban Affairs Committee hearing in Washington, D.C., U.S., on Thursday, March 3, 2022. Pow...