US employers added over 300k jobs in March, what does it mean for interest rates?
Wednesday, 24 April 2024 () In a robust display of economic strength, US employers added more than 300,000 jobs in March, marking the largest gains in nearly a year and pushing the jobless rate down to 3.8%. The surge in hiring across various sectors suggests continued economic resilience, challenging expectations of imminent interest rate cuts. Significant job gains across multiple […]
Key Federal Reserve Inflation Gauge , Rose 2.8% in March.
According to Commerce Department
data released on April 26.
the personal consumption expenditures
(PCE) price index, not including food or energy, rose 2.8% year-over-year in March. .
That exceeded Dow Jones
estimates of 2.7%, CNBC...
Credit Card Delinquencies , Are on the Rise.
New York Federal Reserve data that was published on May 15 shows that credit card delinquencies kept rising from January to March, Fox Business reports...
Credit: Wibbitz Top Stories Duration: 01:31Published
Stock Markets Rally , Amid Investor Hopes for , Interest Rate Cuts in 2024.
On the morning of May 15, both the S&P and the
Nasdaq hit all-time highs after new data suggested
inflation may be easing..
Credit: Wibbitz Top Stories Duration: 01:30Published
President Joe Biden has two obstacles standing in the way of his reelection. His failure at the border, and the crippling inflation caused by his Bidenomics agenda. Inflation stood at 1.4% the month..