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January Jobs Report – Mixed Messages



The January jobs report came out on Friday, February 5, 2016. The report showed that 151,000 jobs were added in January. That number was lower than expected, but it was enough to lower the unemployment rate to 4.9%, the lowest in eight years. In addition, average hourly wages are up 2.5% over the…

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Mixed Messages on U.S. Inflation



The Federal Reserve’s Federal Open Market Committee (FOMC) decided not to raise the fed funds rate at their September meeting; members were concerned about not only global developments but also inflation, or maybe rather lack of inflation. The FOMC expects the transitory effects of a stronger…

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