Looking ahead, the consensus economists projections call for a slight dip in non-farm payrolls, from 209,000 in June to 200,000 in July. The unemployment rate is expected to remain stable at 3.6%, … The number of Americans filing for unemployment benefits slightly increased last week, reaching 227,000, aligning with economist predictions and indicating the U.S….
By: The Bank of England has yet again raised interest rates – the 14th consecutive increase since December 2021. After June’s unexpected half a point rise, this time the increase is 0.25 percentage points, taking the base rate to 5.25%. So what does that mean for your finances?How will mortgage payments be affected?Thursday’s increase is…
By: As the Treasury secretary says, plenty of people are still willing to lend the government money even if they are demanding higher interest rates … See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: … forgotten Friday morning when a benign Personal Consumption Expenditures report had the market rallying again in two shakes of a lamb’s tail. See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
Sen. Mark Kelly and other officials praised the Inflation Reduction Act on the law’s one year anniversary, saying it is working as intended to bring clean-energy jobs to Arizona and tamp down consumer … Sen. Mark Kelly and other officials praised the Inflation Reduction Act on the law’s one year anniversary, saying it is working…
By: Despite limited inventory and elevated mortgage interest rates, sales soared in … a Compass agent in Scottsdale, Arizona, said in the report. See the full article on mortgage interest rates, or, read more Arizona real estate investing news.
By: The Personal Consumption Expenditures price index, one of the Fed’s preferred gauges of inflation, increased by 3% over the 12-month period to … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!
By Here’s a thought experiment: Try to imagine Jay Powell and the rest of the Federal Reserve jumping for joy because of reports that inflation is coming down. Let’s start with the Institute for Supply Management’s update on U.S. manufacturing for July, which included this line: “The Prices Index remained in ‘decreasing’ territory, at a…
By: Minneapolis CNN — Another key economic report further propped up the idea that a soft landing is not only possible, but also in motion: The Federal Reserve’s preferred inflation gauge continued its deceleration in June while consumers kept the US economic engine running. Commerce Department data released Friday showed that the Personal Consumption Expenditures…
Record low unemployment in June highlighted Russia’s stark labour shortage, statistics data showed on Wednesday, even as the rebound from last year’s economic slump continued with double-digit jumps in wage growth and retail sales. Record low unemployment in June highlighted Russia’s stark labour shortage, statistics data showed on Wednesday, even as the rebound from last…