On Thursdayβs broadcast of the Fox News Channelβs βYour World,βΒ Minneapolis Federal Reserve Bank President Neel Kashkari stated that stimulus spending was βa contributor to the high inflation that weβve seen.β And βthe spending on infrastructure, the spending on new chip
The post Minneapolis Fed Pres: Biden Spending on Chips, Infrastructure βIs Inflationaryβ and There Are βCross-Purposesβ appeared first on Breitbart.
Employment grew much more than expected for the third month in a row.
The post Another Scorcher: 303,000 Jobs Added To U.S. Economy in March appeared first on Breitbart.
The Atlanta Fed said inflation is falling much more slowly than expected, so the Fed will probably not cut rates until the end of the year.
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The potential that the Fed's next move is up instead of down is arguably the most underpriced risk in the market.
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The JOLTS report casts further doubt on the need for a rate cut from the Federal Reserve in the months ahead.
The post Job Openings Remain Very High, Indicating Resilient Demand for Workers appeared first on Breitbart.