The Federal Reserve raised its short-term interest rate target and not for the final time this year.
Job Creation Continued, Wage Growth Does Not: What We Learned During the Week of January 30 – February 3
Employers hired more workers during January than they had in months, but wage growth remained weak.
The Fed Bumps Up Short-Term Rates, Forecasts 3 Rate Hikes in 2017: What We Learned During the Week of December 12 – 16
For only the 2nd time in a decade, the Federal Reserve raised its short-term interest rate target. Meanwhile, both manufacturing output and retail sales were a bit soft during November.
