Economist: Jobs report ‘humdinger’ means the Federal Reserve ‘has more to do’
It’s unlikely that the U.S. economy will enter a recession in the first half of 2023, as the latest jobs report found the economy added 517,000 jobs.
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US economy
Goldman Sachs is not worrying about a recession in 2023
Goldman Sachs is predicting the economic climate for 2023, as the bank’s investment strategy group is predicting heavy fog for the economy in 2023.
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UNC economist: ‘I guarantee there will be a downturn,’ but Triangle job outlook remains strong
America’s job market continues to defy expectations. But there’s another warning sign that has economists concerned.
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Jump in jobs ‘not good’ for fight against inflation, NCSU economist says
The US economy added 263,000 jobs in November, outpacing expectations and a report from earlier in the week. What will the Federal Reserve do now?
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US consumer confidence plummets – again
US consumer confidence fell in November as inflation and economic uncertainty continued to loom large and potentially dampen holiday shopping plans.
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UNC Professor: US jobs report means Fed may have ‘no choice’ but to ‘engineer a recession’
Following the latest data on employment in the United States, the Federal Reserve may have no other choice but to “engineer” a recession, a UNC professor says.
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US added 261,000 jobs in October – is another interest rate hike coming?
The stronger-than-expected jobs report will likely keep the Federal Reserve raising interest rates, an economist with North Carolina State University notes.
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Fed makes history with fourth consecutive three-quarters point rate hike
The Federal Reserve has again raised interest rates for the federal funds rate with the target range now set between 3.75 and 4%. What’s this mean for you?
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There’s a 98% chance of a global recession, research firm warns
There is currently a 98.1% chance of a global recession, according to a probability model run by Ned Davis Research. And seven in 10 economists agree.
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