The FOMC once again left its interest rate target alone. But the latest labor market report, including its firming wage data, suggest a move may come in December.
Modest Q2 GDP Gains, Consumers Grow More Confident: What We Learned During the Week of September 26 – 30
There was another tepid estimate of Q2 GDP. Consumer spending slowed in August, but consumer sentiment jumped in September.
151,000 New Jobs in August: What We Learned During the Week of August 29 – September 2
Employers added fewer jobs in August, while consumers continued to spend in July.
