Get Started for FREE
Sign up with Facebook Sign up with X
I don't have a Facebook or a X account
 Your new post is loading...
Your new post is loading...
Scoop.it!
Employers added 467,000 jobs in January, far better than most analysts had predicted. 
No comment yet.
Sign up to comment
|
Scoop.it!
The US central bank will reduce its stimulus more rapidly, and expects to raise interest rates next year.
Graham Watson's insight:
The Federal Reserve has started to normalise monetary policy, by reducing its stimulus package, originally $120bn-a-month, by $30 billion per month, instead of the original $15bn per month.
In addition, interest rates are also forecast to rise, from almost zero to somewhere close to 1% by the end of 2022.
And then there's Omicron, which doesn't appear to have reached the US yet...
|
The US economy saw 467,000 jobs added in January, exceeding analysts expectations in the wake of the impact of the Omicron variant, Good news for America is invariably good news for the global economy.