A report prepared for the Federal Reserve’s upcoming interest rate meeting indicates the economy is on course.
The Labor Department says the nation’s unemployment rate rose a tenth of a percent to 4.7 percent in December. Some 156,000 jobs were added to payrolls.
In the wake of the election, the Federal Reserve indicates there’s some uncertainty about the future course of interest rates.
Unemployment has fallen to a nine-year low, but challenges — including slow wage growth — remain.
The election of Donald Trump raises questions about the Fed chair and the next rate hike.
The October unemployment data is likely to keep the Fed on track toward a December rate hike.
Hiring has been steady, but wage gains have been sluggish. Will this week’s jobs report change that?
The Federal Reserve faces something of a timing dilemma: Should it raise interest rates in early November or mid-December? Or at all?
The Federal Reserve’s latest economic survey sounds like a familiar but confusing tune.
Newly-released minutes from the last Federal Reserve meeting offer more evidence of a pending rate hike.