The U.S. job market continues to thrive, posing challenges for the Federal Reserve. The latest U.S. jobs report has surpassed expectations, providing a strong signal of the labor market's resilience. Federal Reserve Bank of Chicago president Austin Goolsbee praised the report. He noted that if the …
Money management
BOE Seeks to Balance Inflation and Economic Growth Amid Market Uncertainty
The BOE seeks to balance inflation and economic growth amid market inflation. The Bank of England's upcoming meeting on Thursday is sure to be one of the most closely watched events in the UK economy this year. Investors and businesses are keenly awaiting the Bank's decision on interest rates, which …
US Dollar Looks Positive Following NFP Impact
US Dollar looks positive following the news impact. It is no surprise that American employers put in 315,000 jobs in August, which eventually beats the report economists' median forecast of 300,000 gains. However, in August, US wages fell to 0.3% from 0.5% previously, and the unemployment rate rose …