US Politics in Trump era Public date: 17.01.2020 00:45:43

Publisher: NYTimes

Author:

13 Dec 2019

How the Fed Lost Its Faith in ‘Full Employment’

Federal Reserve officials believed that the labor market was about as good as it could get. They were wrong. It seems like there are many people on the sideline that are trickling back into the job force and who are not counted as unemployed since they have been out of the job market for over 6 months or more.  Furthermore, the wages have remained stagnant which also signals a weaker economy than projected.
Federal Reserve officials believed that the labor market was about as good as it could get. They were wrong. It seems...

Publisher: NYTimes

Author:

1 Aug 2019

Fed Cuts Interest Rates for First Time Since 2008 Crisis

The Federal Reserve cut interest rates for the first time in more than a decade on Wednesday as it attempted to guard the record-long economic expansion against mounting global risks. The widely expected quarter-point move, the Fed’s first since it cut rates to near zero in 2008, is meant to protect the economy against the potentially harmful effects of a growth slowdown in China and Europe and uncertainty from President Trump’s trade war.
The Federal Reserve cut interest rates for the first time in more than a decade on Wednesday as it attempted to guard...

Leave a Comment

Your email address will not be published. Required fields are marked *

Name *