in April, on par with growth in March, while the unemployment rate stayed unchanged at 3.6%, the Labor Department said on Friday.
He added,"Second, actions taken this week by the Federal Reserve to raise interest rates won't start to meaningfully affect jobs growth for another few months; that's just the way that monetary policy works." The yield on the two-year Treasury, which moves with expectations for Fed policy, initially shot as high as as 2.77% earlier in the morning. But it then slipped to 2.66%, down from 2.71% late Thursday.
Capital Economics expects the S&P 500, which in early afternoon trading was at 4,142 points, to fall from its current level to roughly 3,750 next year.
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Maybe we should send some more money to other countries, print more money here, sign some more big spending bills, more covid restrictions, more illegal immigration...
Let’s go Brandon!💯👍🏽🇺🇸
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'might '
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