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Labor Market Remains Strong, Though Job Growth Slowed in March

Labor Market Remains Strong, Though Job Growth Slowed in March

by Ken Chase | Apr 8, 2023 | News

The U.S. labor market continued to show its resilience in March, as employers added an estimated 236,000 jobs to the economy. That job growth was enough to reduce the unemployment rate to 3.5%, according to the Labor Department’s newest employment report released on...
Powell: ‘Long Way to Go’ in Fed’s Fight to Lower Inflation

Powell: ‘Long Way to Go’ in Fed’s Fight to Lower Inflation

by Ken Chase | Feb 6, 2023 | News

The Federal Reserve announced yet another interest rate hike this week, as it continues its efforts to rein in stubbornly high inflation. Unlike its most recent rate hikes, however, this increase was a more modest boost of a quarter of a percentage point. The central...
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Visbanking - Banks. Visualized.

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