Yellen’s words always carry weight with investors, but her testimony before Congress this week will be scrutinized even more than usual.
The U.S. economy fumbled on job growth in January, but managed to move the ball somewhat on wage growth, making any Fed rate hike a likely game-time decision.
The message is “one one hand … on the other hand” for all of our guests as they discuss the economic outlook for 2014, mortgage rates, health insurance and garage sales.
Recalling the experience of the 2007-2008 financial crisis, we don’t want excitement. Maybe we should just be happy with bland for a while.
On the surface, August jobs numbers released by the Labor Department might seem OK. But they’re not what one wants to see at this point in an economic recovery.
Jeff Bartlett, deputy auto editor for Consumer Reports, explains whether he believes the impressive Impala is an outlier in the General Motors family, and how he measures affordability.