vimarsana.com

Page 6 - ஊட்டி ப்ரெஸிடெஂட் லோரெட்டா மேஸ்டேர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

U S jobs progress still far short of Fed s substantial tripwire

5 Min Read WASHINGTON (Reuters) - The U.S. job market may have picked up steam in March, but the improvement was only a small step towards the Federal Reserve’s threshold for considering reining in its massive support for the economy. FILE PHOTO: Chair of the Federal Reserve Jerome Powell listens during a Senate Banking Committee hearing on The Quarterly CARES Act Report to Congress on Capitol Hill in Washington, U.S., December 1, 2020. Susan Walsh/Pool via REUTERS/File Photo That’s the signal from a broad index of labor market indicators developed by Cornerstone Macro economist Roberto Perli and which includes an array of statistics U.S. central bank officials have placed at the center of their analysis of the economy.

U S jobs progress still far short of Fed s substantial tripwire | Hellenic Shipping News Worldwide

U.S. jobs progress still far short of Fed’s ‘substantial’ tripwire The U.S. job market may have picked up steam in March, but the improvement was only a small step towards the Federal Reserve’s threshold for considering reining in its massive support for the economy. That’s the signal from a broad index of labor market indicators developed by Cornerstone Macro economist Roberto Perli and which includes an array of statistics U.S. central bank officials have placed at the center of their analysis of the economy. Perli’s index, using data since 1990, improved following the addition of nearly a million jobs to U.S. payrolls in March.

U S jobs progress still far short of Fed s substantial tripwire | WSAU News/Talk 550 AM · 99 9 FM

By Syndicated Content By Howard Schneider WASHINGTON (Reuters) - The U.S. job market may have picked up steam in March, but the improvement was only a small step towards the Federal Reserve s threshold for considering reining in its massive support for the economy. That s the signal from a broad index of labor market indicators developed by Cornerstone Macro economist Roberto Perli and which includes an array of statistics U.S. central bank officials have placed at the center of their analysis of the economy. Perli s index, using data since 1990, improved following the addition of nearly a million jobs to U.S. payrolls in March.

Treasury Yields Fall Ahead of February Job Openings Data

The U.S. Bureau of Labor Statistics February survey of job openings and labor turnover in the U.S. is expected out at 10 a.m. ET. Investors will likely be keeping a close watch on the job openings data, in light of the strong nonfarm payroll report released Friday. The U.S. Labor Department reported that 916,000 jobs were added in March, well above the 675,000 jobs forecast by economists. Cleveland Federal Reserve President Loretta Mester told CNBC Monday that she welcomed the jump in payrolls in the March report, but said this wasn t enough for the central bank to change its policy. Mester said she was largely unconcerned by the recent run-up in Treasury yields, given the improving economic outlook.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.