Fed's Barkin says the labor market is not overheated or even especially tight
Fed's Barkin said the labor market is not overheated or even especially tight.
Price at publishQQQ 745.47 / +0.54%SPY 773.41 / -0.01%Fed's Barkin said the labor market is not overheated or even especially tight.
Price at publishQQQ 745.47 / +0.54%SPY 773.41 / -0.01%Boston Fed President Collins said she supported the Federal Reserve's rate increase last week and that the move would help bring inflation back to the central bank's 2% target. Collins wrote that a modestly higher federal funds rate would help ensure inflation returns durably to target. With labor-market conditions im…
Price at publishQQQ 745.43 / +0.53%SPY 773.73 / +0.03%Fed's Goolsbee said business contacts indicate the labor market is tightening, and other indicators point to the same trend.
Price at publishQQQ 727.88 / +0.89%SPY 766.31 / +0.61%Federal Reserve's Schmid stated that he voted in favor of raising interest rates, as recent data show inflation trending above 3%. The rate hike represents a step toward restoring the 2% inflation target. Currently, the inflation issue is not limited to energ…
Price at publishQQQ 716.90 / 0.00%SPY 759.78 / -0.37%U.S. initial jobless claims fell by 10,000 to 196,000 in the week ended September 12, the lowest level since July, Labor Department data showed. The Labor Day week may have added seasonal volatility. The four-week moving average fell to 203,250, a five-week low, while continuing claims declined to 1.73 million, the lo…
Price at publishQQQ 716.12 / +1.62%SPY 763.69 / +1.28%