◀ The Principal Blog

Posts tagged ‘interest rates’

August Jobs Report – Will it be Enough?



The August jobs report showed another month of positive job growth, adding 173,000 jobs, but that number was below the 220,000 expected. The unemployment rate fell to 5.1% and the labor force participation rate remained at 62.6%. The question is whether or not this report will be enough for the…

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Fed Paves the Road to Higher Interest Rates



The recent Federal Reserve statement acknowledges progress in the U.S. labor market, while continuing the watch for higher inflation and wages. Looking at this statement in its two component parts may help us better understand how the Fed is thinking about a possible rate hike later this year. In…

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