September 26, 2018 | Daily JAM, Mid Term, You Might Have Missed |
No surprise on a September interest rate increase from the Federal Reserve today--but some very aggressive signals on policy into 2019. The 25 basis point increase today raised the Fed Funds rate to a target of 2% to 2.25%. The economy remains solid; Â job growth has...
September 7, 2018 | Daily JAM, Morning Briefing, Short Term |
The U.S. economy added a net 201,000 jobs in August. That was above the projection of 187,000 from economists surveyed by Briefing.com. Government statisticians revised the July job gains to 170,000 from 153,000. The official unemployment rate remained at 3.9%. So why...