Fed FOMC November Meeting: Live Updates
It’s Fed Day Fed officials are widely predicted to leave interest rates unchanged for a 2nd consecutive meeting — keeping benchmark federal funds rates range between 5.25%-5.50%…
U.S. Economy Adds Jaw-Dropping 517K Jobs In January; Crushing Expectations
The U.S. economy added over half a million jobs in January, blowing expectations out of the water in the first month of the year — revealing that the labor market continues to remain strong despite the Federal Reserve’s aggressive monetary tightening in its fight to tame inflation.
Yellen: Fed Will Need ‘Luck’ & ‘Some Skills’ To Get ‘Soft Landing’
Treasury Secretary Janet Yellen struck a hopeful tone in the Federal Reserve achieving a soft landing, saying the Central Banks will need some “luck” and “some skills,” but warned that a looming recession will be a “risk” for the Biden administration in the upcoming months.
