US Unemployment Benefits Weekly benefits fell below $ 1 million for the first time in Covid
Gold rises higher for ninth session in a row, ahead of Fed decision
Gold futures were modestly higher on Wednesday, ready to post a ninth straight gain after scoring a record deal and intraday high a day earlier, as investors await the outcome of a Federal Reserve policy meeting. In the weeks after the last Fed meeting, “the number of new [COVID-19] cases …
Read More »Fed Bullard says there could be a sharp drop in unemployment “if we play our cards right”
There is a possibility that the unemployment rate will drop sharply in the next six months, St. Louis Fed President James Bullard said Tuesday. In his webcast comments to the New York Economic Club, Bullard noted that many Americans are still informing the government that they are on a temporary …
Read More »The Fed’s ‘Run It Hot’ recipe works for markets. Jobs? Not that much