◀ The Principal Blog

Posts tagged ‘Fed’

October Jobs Report – What Happened to the Slowdown?

The October jobs report was an excellent one, showing the addition of 271,000 jobs and a 0.1% drop in the unemployment rate. Along with the strong employment numbers, we saw a super-gain in average hourly earnings. The question now is what does this mean for consumer spending, and for a Fed rate…

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Inflation: So When Exactly is Transitory?

Inflation has been running at very low levels all year long as lower energy prices keep working their way through the economy. Headline personal consumption expenditure (PCE) inflation, a measure of the total inflation within an economy, including commodities such as food and energy prices, which…

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