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Will Jobs Data Provide Answers For Fed? Benzinga's Weekly Main Street Monitor
Monday, April 3, 2023 - 7:12am | 790Read More...Last week's economic data supported the recent declining trend in inflation, giving the Federal Reserve room to go slow on rate hikes. A dovish Fed stance is seen as necessary to help the economy navigate through the credit crunch caused by the banking crisis. Weekly jobless claims data...
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Markets Rallying on Bad Data: Stagflation Here We Come?
Thursday, June 16, 2011 - 11:42am | 437Read More...Despite poor economic numbers, the Dow Jones, the NASDAQ, and the S&P 500 all rallied on Thursday morning. Is this a sign of increasing inflation expectations among investors? On Thursday, the Labor Department reported jobless claims of 414,000. The number represents a drop of 16,000, but any...
