interest rates

U.S. jobs report: Hiring slows as another 75-basis-point rate increase looms

Oct. 7, 2022 by Joseph Brusuelas

The U.S. economy is proving far more resilient in the face of sustained pricing pressures than otherwise thought a short time ago. … READ MORE >

Job openings fall as rate hikes take effect

Oct. 4, 2022 by Tuan Nguyen

In a sign that the chronically tight labor market may be easing, job openings plunged in August amid a slowdown in overall demand. … READ MORE >

New jobless claims fall to lowest level since April amid tight labor market

Sep. 29, 2022 by Tuan Nguyen

New claims for unemployment benefits fell by a sharp 16,000 last week to 193,000 on a seasonally adjusted basis, the fewest since April. … READ MORE >

Pending home sales fall to their lowest level since April 2020

Sep. 28, 2022 by Tuan Nguyen

Pending home sales in the United States fell by 2% in August, the third straight monthly decline amid a steep rise in mortgage rates. … READ MORE >

Confusion has its cost: RSM UK Financial Conditions Index shows growing drag

Sep. 28, 2022 by Thomas Pugh

Financial conditions are tightening noticeably as credit spreads widen, all of which will constrain overall economic activity. … READ MORE >

Consumer confidence and core investment grow despite recession fear

Sep. 27, 2022 by Tuan Nguyen

The Conference Board’s consumer confidence index rose above market’s expectation to 108 in September, the highest since May. … READ MORE >

Amid global economic turmoil, stress grips fixed-income markets

Sep. 26, 2022 by Joseph Brusuelas

Fixed-income markets are signaling a shift in perceptions of financial stability and raising a caution flag for investors. … READ MORE >

Fed raises its policy rate by 75 basis points and sees more increases

Sep. 21, 2022 by Joseph Brusuelas

The Federal Reserve raised its policy rate by 75 basis points on Wednesday, the third straight increase of that size and a sign that it is continuing its aggressive push to tame inflation. … READ MORE >