Posted July 7th, 2017.
The US Non-Farm Payrolls number for June came out a few minutes ago, and the headline number was much better than expected, with more than 200K new jobs added during the month. The whole report was a mixed bag, as wage growth was lower than the consensus estimate and the Unemployment rate also unexpectedly ticked higher, albeit from a...
Posted June 14th, 2017.
The key takeaway’s from today’s rate decision and statement: The Federal Reserve hiked interest rates to the target range of 1-1.25% as expected The FOMC plans to shrink its balance sheet later on this year, with no precise date included No significant mention of the recent softness in economic data, although the FED will...