Tag Archive for: unemployment

New Wage Growth Will Influence Fed’s Interest Rate Decisions

On Tuesday, Jan. 31st, the Bureau of Labor Statistics released the monthly employment cost index summary. Although employment cost growth is slowing, it’s likely not doing so fast enough for the Fed. CLICK ON THE HEADLINE FOR MORE

Why Do I Owe Taxes This Year? Six Reasons You May Not Get A Refund

Many financial experts are warning that refunds will be smaller. You may even find yourself owing money instead of getting some back. There are mulltiple reasons you may not get a refund this year. For six common reasons some people could owe money to the IRS, CLICK ON THE HEADLINE

‘Early Filers Should Wait To Submit Their 2023 Tax Return,’ The IRS Warns. Here’s Why.

The IRS has a warning for early filers: “You need to wait for key documents before submitting your tax return. A little extra caution could save you time and effort.” CLICK ON THE HEADLINE FOR MORE

The Fed Could Keep Lifting Rates Sharply ‘For Some Time’

A stark message was just delivered by Federal Reserve Chair Jerome Powell: "The Fed will likely impose more large interest rate hikes in coming months." He also warned more explicitly than he has in the past that the Fed’s continued tightening of credit will cause pain for many households and businesses. CLICK ON THE HEADLINE FOR MORE

70% Of Americans Think A Recession Is Coming: Here’s What They Are Doing To Prepare

While experts debate whether a recession will happen or when, most people are already convinced we’re headed for a downturn, a recent survey finds. High inflation is one of the biggest risk factors that make people think an economic decline is coming. For steps you can take to reduce your costs, CLICK ON THE HEADLINE

80% Of Economists See ‘Stagflation’ As A Long-Term Risk. What It Is And How To Prepare For It

To have stagflation, you need both high unemployment and high inflation at the same time. Despite surveys sounding the alarm on stagflation, not everyone agrees it’s inevitable. CLICK ON THE HEADLINE FOR MORE