Low Unemployment, Rising Wages, Complicate Situations for the Fed
Submitted by Amarinder Sekhon on Sat, 02/06/2016 - 08:39
Things are becoming further complicated for the Fed officials and they will get to look at one more jobs report before they have their next policy meeting in March 15 and16. Whether the Fed will go for another interest rate hike or not still remains uncertain looking at the recent signals from the economy and global financial markets.
Loretta Mester, Federal Reserve Bank of Cleveland President says U.S. Economy will Overcome Recent Slow Growth Rate
Submitted by Apoorva Prasad on Fri, 02/05/2016 - 09:23On Thursday, one of the top Federal Reserve official said that the U. S. economy is carrying on well and will soon overcome the turbulence in the market that happened in recent times, permitting the Feds to follow a path of continuing the monetary policy tightening as planned earlier.
Loretta Mester, President of Federal Reserve Bank of Cleveland said she still expects the U. S. economy to go ahead with the planned gradual interest-rate hikes despite the volatility in the financial market sparked by gloomy global growth outlook.
Soft Patch for the U.S. Economy in 2015, Q4 with Inventory Stockpile and Slowing Global Demand
Submitted by Jitendra Tiwari on Sat, 01/30/2016 - 07:09
The growth noted in the U.S. economy made an abrupt halt in the fourth quarter with businesses trying to reduce an inventory oversupply and making efforts to balance the strong dollar in a market with slowing demand globally.
Global Economy Poses a Gloomier Picture Just One Month after Fed Increased the Interest Rates
Submitted by Apoorva Prasad on Wed, 01/27/2016 - 09:12Looking at a rosier economic picture, the Federal Reserve increased the record low key interest rates last year towards the end, but since that time the global picture has become gloomier.
There have been steep drops in the stock markets and the oil prices have slipped. Even the economy of China has failed to pick up in spite of its leaders trying their best to bring a turn around.
“Data Scientist” Tops the List of 25 Best Jobs
Submitted by Apoorva Prasad on Fri, 01/22/2016 - 08:12
This week, Glassdoor, the company which helps people find jobs, named the top twenty five jobs and all of them tech- related. Among them the job of "data scientist" topped the list. The others that followed were tax manager, solutions architect and engagement manager and significantly they all had something in common, they boast of salaries nearing or higher than $100,000.
