Page 41 - Michael Gapen News Today

December’s strong job growth combined with slowing wage inflation is fueling optimism that the economy might just see a soft landing.

The U.S. added 223,000  jobs in December, surpassing investor expectations by roughly 20,000 and cooling from the roughly 270,000 jobs added in November.

Minutes from the December policy meeting, when the US central bank raised its benchmark rate by half a percentage point, showed the Fed intends to continue squeezing the economy to try to tackle price pressures.

The economy is expected to have added 200,000 jobs in December, less than November, but still strong enough to keep the Fed aggressively fighting inflation.

The economy is expected to have added 200,000 jobs in December, less than November, but still strong enough to keep the Fed aggressively fighting inflation.

Browse all of our full transcripts from 2023 of "Face the Nation with Margaret Brennan."

Will inflation finally relent? Is your job safe as recession looms? Here's what to expect from the U.S. economy this year.

On this "Face the Nation" broadcast, a foreign policy panel with John Sullivan, Michael Morell, Michele Flournoy and H.R. McMaster.

The former president of the New York Federal Reserve has said that a recession is "pretty likely" in the United States in 2023.



The IMF boss said that the sudden spike in COVID-19 cases in China will affect the Chinese economy in the short term.