was an improbably popular slogan among conservatives of the 1960s and ’70s. It now looks like a good maxim for considering inflation and interest rates.
It’s up 50 basis points since the Federal Reserve announced that it would hold its rate target steady It now looks like June’s low of 105,000 was the outlier rather than the beginning of a trend toward softer jobs numbers. The figures also show that—and because of that, continue to underestimate the persistence of inflation and higher rates.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Breitbart Business Digest: Factory Orders Zoom AheadSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »
Breitbart Business Digest: The Bond Market Won’t Cause a Recession\u2014But the Fed MightSource of breaking news and analysis, insightful commentary and original reporting, curated and written specifically for the new generation of independent and conservative thinkers.
Source: BreitbartNews - 🏆 610. / 51 Read more »
Stocks Rally After Investors Digest Jobs ReportThe U.S. added 336,000 jobs in September, shattering investors’ expectations, the Labor Department said on Friday. WSJ’s Gunjan Banerji breaks down the latest report. Photo: Michael Reynolds/Shutterst
Source: WSJ - 🏆 98. / 63 Read more »