All posts tagged: economics

Non-Farm Payroll; The United States job momentum is Likely to be Maintained even as Experts Predicts Calmness

April experienced another solid increase in jobs at 428,000 compared to the forecast of 390,000 despite the business struggling to find suitable staff. Although wage pressures were not as intense as expected, this is likely to be a temporary lull as labor market tightness will keep upward pressure on inflation.

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United States’ Economic Progression Likely to be Distracted by War Fears in Europe

The strength in the job market reported by the Labor department may push the Federal Reserve to further raise interest rates at its next policy meeting in May, according to the Fed Chair, Jerome Powell; U.S central bank must move expeditiously to raise rates and possibly more aggressive to keep high inflation from becoming entrenched.

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