Inflation expectations held by the public one year and three years from now fell, both to readings of 2.8%. Both had been at 3% in January. The bank’s latest Survey of Consumer Expectations says the February readings are the first notable decline since last April.
Federal Reserve has been tamed by President Trump, like he tamed the GOP. Federal Reserve will not raise interest rates.
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February jobs report: U.S. adds 20,000 jobs, below expectationsThe U.S. added 20,000 jobs last month, which was well below the expected 180,000 jobs. However, wages rose .4% and the unemployment rate fell to 3.8%. Morning_Joe Trump's economy is collapsing.. Morning_Joe Morning_Joe Employers added 304,000 new jobs to the US economy in January — once again surpassing economic forecasts, according to the latest jobs report from the Bureau of Labor Statistics. Economists had expected only about 180,000 new positions in January. ..why not talk about that ?
Source: MSNBC - 🏆 469. / 51 Read more »
The Fed doesn't have to worry about high inflation anymore, and that's a problemThere was a time not so long ago that defeating inflation would have been considered a huge victory for the Federal Reserve. No more. Capitalist rule has gone from absolute tyranny to a f**king joke. We need to overthrow these criminal bankers before America is literally occupied by Chinam The Phillips Curve is broken.
Source: CNBC - 🏆 12. / 72 Read more »
China's February crude imports surge 22 percent; gas imports drop from JanuaryChina's crude oil imports rose to the third-highest volume on record on a d...
Source: Reuters - 🏆 2. / 97 Read more »
February’s Hiring Chill Will Make the Fed Even More PatientThe February employment report, with unsettling signs of a sharp hiring slowdown despite rising wages, bolsters Federal Reserve officials’ decision to stop raising interest rates. Convenient, guess everyone will keep their money in the stock market. I’m old enough to remember the 80’s, where you could buy a CD worth a damn, or have a money market with a decent rate. This artificial supresion of rates forces us into the stock market. By design. Does Powell feed himself?
Source: WSJ - 🏆 98. / 63 Read more »
Here's What The February Jobs Report Means For YouThe data doesn't adequately reflect the large number of people who technically have jobs that are not at the level or compensation they deserve. Also, the numbers leave out those who have given up trying to find an appropriate-level position relative to their background and experience. 'Also, the numbers conveniently leave out those who have given up trying to find an appropriate-level position relative to their background and experience.' Not inconsequential data.... but then if ppl forget & media doesn't remind them?....
Source: Forbes - 🏆 394. / 53 Read more »
February's jobs report should show whether there's anything to really fear about economyFebruary's employment report is expected to show strong job and wage growth, and could signal that the economy's slower growth in the first quarter is just a speed bump rather than a sign of trouble. Not necessarily So it won’t remove any worry. It will just be of good then uncertain If bad makes it more worrisome but st this point of good it doesn’t remove the worry with other data
Source: CNBC - 🏆 12. / 72 Read more »
Is the weak February jobs report a sign of things to come?A weak month of job growth in February was mitigated by an unemployment rate that beat analysts’ expectations and a robust increase in hourly wages. As economic growth overall slows, market experts say these kinds of mixed signals could become more common. Trying to save Capitalism is like painting dead leaves green and gluing them back on trees. Another indication that we may not BE in a Recession but our economy is in the Late Stages of a 'Boom'. Our Economy is definitely elderly. Hopefully it'll take a while before senescence. The U-6 rate, often called the 'real' unemployment rate, dropped to 7.3 percent in February from 8.1 percent in January. That is the lowest reading of the five most recent reports
Source: NBCNews - 🏆 10. / 86 Read more »
What stood out in the February U.S. jobs reportHeadline U.S. job growth hit the brakes in February, registering the smallest ga...
Source: Reuters - 🏆 2. / 97 Read more »
Five Things to Watch in the February Jobs ReportThe U.S. government releases the February labor report on Friday. Economists surveyed by The Wall Street Journal expect it to show employers added 180,000 jobs while the unemployment rate ticked down to 3.9%. 101 months of cherry picking from overqualified candidates! And here come the tRumpers who will say all 100 months are due to their Orangerlord. odd. esp since stores are closing and farmers are selling off their lands and........
Source: WSJ - 🏆 98. / 63 Read more »