More than 3 million Americans applied for unemployment benefits last week
Some economists say the nation's unemployment rate could approach 13% by May
- March 26, 2020 March 26, 2020
- 10:52
Some economists say the nation's unemployment rate could approach 13% by May
The central bank says it will buy as much government debt as it deems necessary
The consumer price index ticked up 0.1% last month
The U.S. added 273,000 jobs last month
The Fed has pledged to support the economy, but it’s unclear what benefit a rate cut would provide
Consumer spending increased 0.2% last month
Judy Shelton hopes to contribute “intellectual diversity” to the Federal Reserve
Donald Trump has called Fed officials “boneheads” for not cutting interest rates further
Unusually warm weather led to 44,000 new construction jobs
Investors seem increasingly to believe that the Fed will feel compelled to cut rates again later this year