The latest employment report showed softer-than-expected job gains in March while wage growth edged up. This raised concerns about the possibility of the Fed having to hike rates in the face of a softening job market if upward wage pressures persist. In our view, however, there is no cause for alarm on this front. The
March 26, 2018— President Trump tweeted on March 2 and 7, respectively: “When a country (USA) is losing billions of dollars of trade with virtually every country it does business with, trade wars are good, and easy to win. Example, when we are down $100 billion with a certain country and they get cute, don’t
March 22, 2018 — In his first meeting as Chairman of the Federal Open Market Committee (FOMC) of the Federal Reserve (Fed), Jay Powell found himself presiding over a group of officials who are becoming increasingly confident in the outlook for growth and inflation, and by extension are increasingly confident of their plans to raise
