Jobless claims: Yellow flag for attention continues
– by a New Deal Democrat In response to last week’s big jump in new jobless claims to 264,000, I wrote that this could be a departure from the start…
The Fed’s announcement that interest rates will remain on hold for “some time” clashed with bets to cut rates in 2023.
(Bloomberg) — Federal Reserve Chairman Jerome Powell has history on his side as he and his colleagues split with Wall Street on how long interest rates will stay high in…