interest rates

Inflation remains hot, sticky and elevated, implying another supersized rate hike

Oct. 13, 2022 by Joseph Brusuelas

Both top-line and core inflation remain hot, sticky and elevated, which implies another rate increase of 75 basis points at the Fed’s November meeting. … READ MORE >

Producer prices rebound, keeping pressure on Fed to raise rates

Oct. 12, 2022 by Tuan Nguyen

The producer price index rose by 0.4% in September after falling for two straight months, the Bureau of Labor Statistics reported on Wednesday. … READ MORE >

Canada’s job market shows little sign of slowing

Oct. 7, 2022 by Tu Nguyen

Canada’s economy in September reversed the slowing labour market of the summer, adding 21,100 jobs while unemployment fell to 5.2%, according to government data released Friday. … READ MORE >

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 >