Jobs report ‘suggests a bit less recession risk than you might have thought,’ economist says
• “Overall this suggests a bit less recession risk than you might have thought … & a bit more inflation risk. But really only a bit of each — with soft landing dominant.” — Jason Furman, a Harvard economics professor and former Obama economic adviser, in a tweet
Economy defies recession predictions with 199,000 jobs in November
The economy surpassed expectations in November and added 199,000 jobs, the Bureau of Labor Statistics reported Friday, a sign the labor market is holding up despite the Federal Reserve efforts this year to bring down inflation through interest rate hikes.
Across-the-board declines in consumer prices are typically associated with recessions, which are… not great.
A review of recent US inflation data, the Recession Risk Dashboard, and thoughts on if we’ve reached the peak in the fed ...
There is still a lot of chatter about recession, and brokerages have assigned various odds to a recession in 2024. Can the U.S. Economy Dodge a Recession in 2024 – Yet Again? According to the ...
Developed by Fed economist Claudia Sahm before the pandemic as a potential rule of thumb for triggering benefit payments - ...
The Senate Banking Committee held its annual hearing on Wall Street oversight. Lawmakers heard testimony from JPMorgan CEO ...
2. "The US economy has had the longest period of expansion without a recession in recorded history, and it's coming to an ...
The markets surprised to the upside this year, with the Nasdaq (IXIC) up 24% since the start of 2023, and the S&P 500 (GSPC) ...
If you're concerned about a recession, the best bet is to take steps to protect yourself. Here's how it's done.
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