Controlling for a wide range of occupational attributes, including proxies for the use of specialized machinery and for the importance of knowledge spillovers, we find that jobs characterized by a unique knowledge base exhibit higher levels of geographic concentration than do occupation...
And the Federal Reserve is the reason for the “well-founded sense that they system is broken and rigged.” All of which goaded me to create a new meme. I’ll close by stating that today’s column isn’t about America’s central bank shifting blame. But it would be very interesting ...
Daily Open Expectations on Fed cuts were the lethal blow to markets Thu, Dec 19th 2024 Federal Reserve Here's what changed in the new Fed statement Wed, Dec 18th 2024 Personal Finance The Fed cut rates by another quarter point: What that means for your money Wed, Dec 18th 2024Trending...
FILE - Federal Reserve chair Jerome Powell speaks at the DealBook Summit in New York, on Dec. 4, 2024. (AP Photo/Seth Wenig, File) WASHINGTON (AP) — Americans hoping for lower borrowing costs forhomes, credit cards and cars may be disappointed after this week's F...
Federal Reserve Chairman Jerome Powell speaks at a meeting of the Economic Club of New York, Oct. 19, 2023, in New York.Seth Wenig/AP A rapid rise in U.S. government bond yields over recent weeks has elevated long-term borrowing costs for consumers seeking mortgage loans and corporati...
The Federal Reserve cut its key interest rate by a quarter-point in response to a steady decline in once-high inflation that angered Americans and helped drive Trump’s election victory.
Federal Reserve Lifts Interest Rates for Second Time This Year The central bank signaled that more hikes are to come in 2018. By Kathryn Hopkins Jun 13, 2018, 5:40pm BusinessFinancial Indebted Retailers Should Be Concerned Over Likely Interest Rate Hike ...
The event was an unprecedented gathering of leaders of the Federal Reserve — past and present — to discuss what it feels like to hold what is considered the world's most powerful economic policy-making job. The four Fed leaders appeared Thursday evening at an event to launch a speaker's ...
Well, as you will see below, even the Federal Reserve is projecting that more than a million Americans could lose their jobs in the months ahead. Needless to say, Fed projections are usually wildly optimistic. So what will the real number be? Ultimately, I think that...
The latest news from the Federal Reserve. Extensive coverage and analysis of the Fed's monetary policy decisions and reports, including updates on US interest rates.