Investors, economists and observers expected an upbeat employment report today. They didn’t get it. Mortgage rates are likely to stop rising as a result, and they might fall. READ MORE »
Posts tagged unemployment rate
U.S. Consumer Prices Fall on Lower Energy Costs
Consumer prices fell for the second consecutive month in May, extending a break for Americans’ pocketbooks. Less expensive energy was the main factor pulling down prices. READ MORE »
Federal Reserve weighs steps to offset slowdown in economic recovery
Federal Reserve officials, increasingly concerned over signs the economic recovery is faltering, are considering new steps to bolster growth. READ MORE »
WORLD FOREX: Dollar Falls Vs. Euro, Yen On Disappointing US Payrolls
The dollar dropped against the euro and yen Friday after disappointing U.S. jobs data sparked fresh worry over the pace of the economic recovery. READ MORE »
Index of U.S. Leading Economic Indicators Rose 0.1% in July
The index of U.S. leading indicators rose in July for the second time in four months, extending a see-saw pattern that indicates slower growth through the end of the year. READ MORE »