The U.S. created a robust 263,000 new jobs in November, a historically strong pace of hiring that’s good for workers, but that also threatens to prolong a bout of high U.S. inflation.The continued rapid gains in hiring have become a big source of angst at the Federal...
Economic Market Pulse | June 18, 2022 The Fed’s larger 75 bps rate hike came as little surprise to the markets following the worse-than-expected May CPI data. The decision to raise interest rates by 75bp to 1.50-1.75%, rather than the 50bp widely telegraphed by...
