Page 41 - Patrick Harker News Today

Cracks in the labor market and the broader economy continue to emerge. The October jobs report released Friday morning reveals that only 150,000 jobs were created last month, below expectations.

A top ranked economics and finance blog with a focus on the housing market

A top ranked economics and finance blog with a focus on the housing market

U.S. stocks gained ground on Wednesday after the U.S. Federal Reserve left interest rates unchanged, as expected.

The Federal Reserve is widely expected to announce Wednesday that it will keep interest rates at a 22-year high in a bid to tackle inflation without harming the buoyant US economy.However, economic growth has remained surprisingly robust, solidifying expectations of a so-called "soft landing," when the Fed smoothly brings down inflation without tanking the economy. 

The Federal Reserve is widely expected to announce Wednesday that it will keep interest rates at a 22-year high in a bid to tackle inflation without harming the buoyant US economy.

For release at 2:00 p.m. EDT November 1, 2023 Recent indicators suggest that economic activity expanded at a strong pace in the third quarter. Job gains have moderated since earlier in the year but...

The Federal Reserve (Fed) is expected to leave its policy rate unchanged at the range of 5.

THE Federal Reserve (Fed) is widely expected to announce on Wednesday (Thursday in Manila) that it will keep interest rates at a 22-year high in a bid to tackle inflation without harming the buoyant US economy.

The full statement from the Federal Reserve rate decision on November 1, 2023