Across a number of metrics, the labor market looks remarkably stable even as it has cooled. Monthly jobs growth has stayed solid and the unemployment rate has barely budged from its current level of 4 ...
The average wage earned by an American worker rose a sharp 0.5% in January, more than twice the typical increase. How come? Most likely because higher minimum wages kicked in in a number of states.
YIELDS on government securities (GS) declined across the board last week following strong demand for the Treasury’s dual-tenor bond offer and as the US Federal Reserve kept benchmark rates steady ...
The seven individuals who serve on the Board of Governors of the Federal Reserve as of February 2025 are Jerome H. Powell (chair), Philip N. Jefferson (vice chair), Michael S. Barr (vice chair for ...