Futures pointed to a muted move for US stocks, while government bonds extended losses as investors…
Tag: US economy
Inflation? There is another explanation for the rising cost of housing.
In response to stubbornly rising inflation, the US Federal Reserve has promised to raise interest rates…
Low initial jobless claims reflect tight labor market
WSJ : The number of people filing new claims for unemployment benefits neared pandemic lows last…
Monetary and inflationary traps into which the rich world can fall
For its part, the US Federal Reserve has insisted that it will consider raising interest rates…
Wall Street slides as retail, tech stocks weigh in
Wall Street indexes fell on Wednesday as data pointed to strength in the US economy but…
Biden will tap Jerome Powell for new term as Fed chairman
The White House said Mr Biden would also nominate Fed Governor Lyle Brainard as a vice…
Biden weighs in on the likes of Jerome Powell or Lyle Brainard as Fed chair
Because Ms. Brainard’s views on inflation and interest rates have been similar to Mr. Powell’s this…
Stumbles That Should Avoid America’s Fiscal Debate
The US Congress has taken a significant step toward implementing President Joe Biden’s financial plans, by…
Why Biden is not benefiting from a strong economy
It is a fundamental notion of American politics that a strong economy is essential to winning…
US government bond yields fall after jobs data
US government bonds rose on Friday after better-than-expected jobs reports, sending the yield on the benchmark…