The paper examines the degree to which a tight labor market boosts employment and income of more-marginalized or less-advantaged classes of workers, including women, minorities and those with less education.
Supply and demand still exist?!
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Fed Chief Jerome Powell Says U.S. Economy ‘Is in a Good Place’Jerome Powell said the U.S. economy is doing well, but he highlighted risks to growth that prompted the central bank to signal it is done raising interest rates for now. So, succumbing to political pressure like an obedient central planner. Duh Now he's thinking much more sober & sane... Here we come 27,000 on the Stock Market !!! I know it's not everything, but it's Winning 😉
Source: WSJ - 🏆 98. / 63 Read more »
Fed may need time to have clarity on US economy: RosengrenIt may take the Fed several meetings before it has a clear read on the economy, a top Fed policymaker said. then if thats true...why are we talking to the press?...clearly they have nothing to tell us because its all DEEP speculation if they need time to figure out the 'new Trump economy'.....hey, sometimes old rules and old patterns dont correspond and we need to actually do the work And this is why the Fed is always late on policy decisions.
Source: CNBC - 🏆 12. / 72 Read more »
A Fed hawk now sees less risk of the economy overheatingBoston Fed President Eric Rosengren, who has recently been one of the most hawkish senior officials at the U.S. central bank, on Tuesday said there is “less reason to fear” a spike in inflation and said he supported a pause in further interest-rate hikes. EndTheFed I want negative rates! Will that make my mortgage bank pay me interest?
Source: MarketWatch - 🏆 3. / 97 Read more »
Federal Reserve keeps hinting no more interest-rate hikes until summer 2019, if not longerBoston Fed President Eric Rosengren said it may be 'several meetings' before the Fed has a clear enough read on the economy to take any action on interest rates. Why would they raise them. Fractional Reserve banking is a scam. A fraud of printing money, giving it value from debt out of thin air. In the end, banks take it all, and you serfs thank them for it.
Source: washingtonpost - 🏆 95. / 72 Read more »
For Fed, few reasons to end 'patient' stance on ratesWith inflation muted but other risks to the U.S. economy on the rise, the Federa...
Source: Reuters - 🏆 2. / 97 Read more »
Tariffs, government shutdown weigh on still-growing economy: FedSlowing global growth and the 35-day partial federal government shutdown weighed...
Source: Reuters - 🏆 2. / 97 Read more »
Fed's Williams: 'New normal' of slow growth will keep Fed patientHe cited three constraining factors: a global slowdown, geopolitical uncertainty and tighter financial conditions. Anyone who feels that inflation is so much in check might be ignoring what has happened to health care and tuition costs. I'd like to mention that the latter may have a connection with why some businesses pundits are upset about not having an adequate supply of good to go labor.
Source: CNBC - 🏆 12. / 72 Read more »
Fed survey finds adverse impact from government shutdownThe Federal Reserve says the U.S. economy was expanding in January and February, but half the country was seeing fallout from the 35-day partial government shutdown. Gee! Raising interest rates after most consumers lost their purchasing power didn't pan out as expected
Source: CNBC - 🏆 12. / 72 Read more »
After Hurricane María, Chef Jose Andrés 'fed' Puerto Rico. Now he's focused on its food productionThe 'Plow to Plate' initiative aims to boost the island’s food security and sustainability by supporting farmers and local food businesses. 'poisoned'? He didn’t because our government wouldn’t. This man deserves the Noble prize
Source: NBCNews - 🏆 10. / 86 Read more »