After last week’s rout, investors relied on calming talk by Federal Reserve officials and easing trade tensions with China to nearly get back to square one.
The first report after President Trump fired his head employment statistician was fraught with technical issues — and more dismal below-estimate employment numbers.
The first report after President Trump fired his head employment statistician was fraught with technical issues — and more dismal below-estimate employment numbers.
Economists have pared back their original estimates for tariff-driven stagflation, but they still warn pain from increased prices will be felt this summer.
Economists were pleasantly surprised by the latest employment data, which shows the U.S. labor market remains stable among concerns of possible stagflation.