labor

Another Fed official backs paring bond holdings this year

Jonathan Spicer, Reuters
April 18, 2017
Another Federal Reserve policymaker on Tuesday backed an emerging U.S. central bank plan to begin trimming its bond holdings later this year, as Kansas City Fed President Esther George warned against waiting too long in order to "overheat" labor markets.

Atlanta and New York Fed cut US first quarter GDP view after weak data

Reuters
April 17, 2017
The Atlanta and New York Federal Reserve banks downgraded their outlook for U.S. economic growth for the first quarter after disappointing data on retail sales and consumer prices in March.

US producer prices post first drop in seven months

Reuters
April 13, 2017
U.S. producer prices fell in March for the first time in seven months, weighed down by a drop in the cost of services and energy products, but the largest annual increase in five years suggested inflation was rising.

US job growth slows sharply, unemployment rate falls to 4.5%

Lucia Mutikani, Reuters
April 7, 2017
U.S. employers added the fewest number of workers in 10 months in March, but a drop in the unemployment rate to a near 10-year low of 4.5 % pointed to a labor market that continues to tighten.

US weekly jobless claims post largest drop in almost two years

Reuters
April 6, 2017
New applications for U.S. unemployment benefits recorded their biggest drop in nearly two years last week, pointing to a further tightening in the labor market.

Jobless claims unexpectedly rise; labor market still strong

Lucia Mutikani, Reuters
March 23, 2017
The number of Americans filing for unemployment benefits unexpectedly rose last week, but remained below a level associated with a strengthening labor market.

U.S. producer prices increase 0.3% in February

Lucia Mutikani, Reuters
March 14, 2017
U.S. producer prices moderated in February, but the trend pointed to a steady building up of inflation pressures.

The bull market just turned eight. What now?

Frank Holmes
March 13, 2017
Eight years ago last week, President Barack Obama gave investors a surprisingly hot trading tip. In office less than two months, he commented that we were at “the point where buying stocks is a potentially good deal if you’ve got a long-term perspective.”

Markets set to open flat as rate hike looms

Yashaswini Swamynathan, Reuters
March 13, 2017
U.S. stock index futures pointed to a subdued open on the financial market as investors bided time ahead of an all-but-certain interest rate hike by the Federal Reserve.

Solid NFP seals March hike deal

Lukman Otunuga
March 10, 2017
The market expectations of a probable U.S. interest rate increase in March were fully cemented by February’s solid NFP headline figure of 235k which illustrated steady growth in the U.S. labor markets.