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notayesmanseconomics · 1 year

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To what extent are US interest-rate rises "pushing on a string"?

As we start a new trading week, at least in the UK, we find ourselves with a familiar question. That is what will be the path for US interest-rates? A sign of the pressure that the US interest-rate increases have been applying has been the way that the Japanese Yen weakened below 133 to the US Dollar whilst we were on a long weekend. We can start our analysis by looking at the speech given…

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#business #credit conditions #economy #Federal Reserve #Finance #Interest Rates #Jobless Claims #Manufacturing #New York Fed #NFP #US #Vice-Chair Williams

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reportwire · 1 year

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Jobless claims jump to 211,000, the highest since Christmas. Blame New York.

The numbers: The number of Americans who applied for unemployment benefits in early March jumped to a 10-week high of 211,000. Yet most of the increase was concentrated in New York and might not signal a broader cooling-off trend in the U.S. labor market. New U.S. applications for benefits rose 21,000 from 190,000 in the prior week, the government said Thursday. The numbers are seasonally…

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webchennel1 · 2 years

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Fewer Americans file for jobless aid last week

Fewer Americans applied for jobless benefits last week as the U.S. job market remains robust despite four-decade high inflation and a myriad of other economic pressures. Applications for jobless aid for the week ending June 18 fell to 229,000, a decline of 2,000 from the previous week, the Labor Department reported Thursday. First-time applications generally mirror the number of layoffs. The…

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#jobless claims #us jobs

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digitalbhumi · 2 years

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US Shares: Tech-heavy Nasdaq turns constructive after Jerome Powell’s remarks

Wall Avenue’s fundamental indexes reduce losses and the Nasdaq turned constructive on Wednesday after Federal Reserve Chair Jerome Powell stated the U.S. central bank is “strongly dedicated” to bringing down inflation that’s working at a 40-year excessive. In his ready remarks earlier than the Senate Banking Committee, Powell reiterated that ongoing will increase within the coverage fee could be…

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schaeffersresearchstocknews · 2 years

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#stock market news #may economic data #jobs data #jobless claims #dis stock

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bighermie · 1 year

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#unemployment claims #jobless

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notayesmanseconomics · 2 years

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The US economy is struggling and may be in recession

Sometimes the debate misses what is right in front of its face and this is taking place at the moment with the US economy. I have been pointing out the issue for a while and let me enlist the help of the Atlanta Federal Reserve. The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2022 is -1.6 percent on July 19, down from -1.5 percent on July…

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#Atlanta Fed #business #economy #Finance #GDP #Interest Rates #Jobless Claims #Money supply #PMI #Recession #Technical Recession #US #US Federal Reserve #White House

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theusarticles · 2 years

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Jobless claims at 8-month high as layoffs edge higher

The number of Americans collecting jobless benefits last week is at its highest level since November, a sign the labor market is cooling as the Federal Reserve tries to lower inflation by slowing economic growth. Applications for jobless aid for the week ending July 30 rose by 6,000 to 260,000, matching an eight-month high set two weeks ago, the Labor Department reported Thursday. First-time…

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#economy #Employment #jobless claims #unemployment

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driaswrld · 6 months

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don't request me toji stuff...

you'll have to put a gun to my head b4 i post any of my secret toji fics 🧍🏾‍♀️

#🖇️. yeo rants #jk send wtv u want my loves #BUT #that man is MINE #yes he may be jobless #may be the poorest of the poor #he may also not have eaten a good meal in months #I CLAIM HIM #toji is my man bye y'all not gettin that on here

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joyamalik20 · 9 months

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Xinhua world economic news summary at 0900 GMT, Aug. 7

ULAN BATOR — Mongolia’s central bank purchased a total of 8.5 tons of gold in the first seven months of this year from legal entities and individuals. As of July, the Bank of Mongolia’s average gold purchase price had been 215,352.28 Mongolian tugriks (62 U.S. dollars) per gram, the bank said in a statement on Monday. (Mongolia-Gold-Forex Reserves) – – – – COLOMBO — Sri Lanka’s Minister of…

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#minister ministry korea sri lanka mongolia trade ties damage jobless claims dollars per

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iron-bubble · 10 months

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🤭

#if people are disrespecting writers' boundries when it comes to age how would they react if the writers wouldnt put warnings on their fics??#it's the same thing yall are making them uncomfortable and it'd be the same way if you didnt know what content is in the fic!!#and another short thing regarding that blog you know which one.. the anons who keep calling others jobless on there you seem to know a lot-#for a person who claims to be better like you seem to know all the 'tea' and keep tabs on people so idk who is the jobless one again 🤭🤭🤭#anyway 🤷‍♀️🤷‍♀️🤷‍♀️#i was going to leave a lengthier one earlier but my anger subsided so 🤷‍♀️

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nsebullcom · 10 months

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#Claims #drop #fourweek #Jobless

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