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Fed pauses rate hikes while signaling a tightening bias

Fed pauses rate hikes while signaling a tightening bias

< Back to the Insights Gallery Fed pauses rate hikes while signaling a tightening biasREAL ECONOMY BLOG | June 14, 2023Authored by RSM US LLPThe Federal Open Market Committee on Wednesday kept its policy rate in a range between 5% and 5.25% while signaling that it...
Initial jobless claims spike to highest since 2021

Initial jobless claims spike to highest since 2021

< Back to the Insights Gallery Initial jobless claims spike to highest since 2021REAL ECONOMY BLOG | June 08, 2023Authored by RSM US LLPNew filings for jobless benefits spiked by 28,000 last week, another sign of a softening labor market.Total new filings rose to...
Economy added 339,000 jobs in blowout May employment report

Economy added 339,000 jobs in blowout May employment report

< Back to the Insights Gallery Economy added 339,000 jobs in blowout May employment reportREAL ECONOMY BLOG | June 02, 2023Authored by RSM US LLPThe labor market and the economy it supports will just not go gently into that good night despite policy efforts to cool...