Blogs > Business Without Borders

unemployment rate

Jan 29, 2018

Changes at the Fed – Janet Yellen’s Swan Song As Chair – Who’s Watching the Store and the Fed’s Policy?

January 30 and 31 will mark the first meeting of 2018 for the Fed Open Market Committee as well as the last meeting for Janet Yellen as Chair.  As we move into the second full year of Trump’s presidency, the composition of the voting members of Board of Governors will change. » Read More

Sep 02, 2016

Fed Likely To Hold Steady on Interest Rates as New Jobs Fall Short of Expectations

The US Bureau of Labor Statistics released its August employment statistics this morning. The numbers fell short of the 165,000 – 185,000 total non-farm job increases expected by markets. The BLS Release at 8:30 AM DST reported that “Total nonfarm payroll employment increased by 151,000 in August, and the unemployment rate remained at 4.9 percent…” noting that “employment continued to trend up in several service-providing industries.” Read the news release hereRead More

Aug 21, 2013

What’s Up with QE3? Jobs, Economy? Moving Sideways?: Bernanke Delivers Fed’s July Minutes

The Federal Reserve released the minutes of its July meeting this afternoon (2:00 PM EST) and the board members appear to be split on when to begin tapering QE3.  [Under Quantitative Easing 3 (“QE3”) the Fed has been purchasing $85 billion of bonds and mortgage backed securities each month with the goal of keeping market interest rates low to encourage economic growth.] Looking back to the aftermath of its June meeting, Fed Board Chairman Ben Bernanke noted at the time that the Fed’s decision to begin winding down bond purchases would be based primarily on the strength of the job market.» Read More

Jul 17, 2013

When Bernanke Speaks, the Markets Listen.

Federal Reserve Chairman Ben Bernanke addressed Congress this morning advising Congress about the Fed’s plans regarding Quantitative Easing. In anticipation of his address, Bernanke released his prepared remarks. Those remarks were consistent with statements he made in a press conference about a month ago in response to the markets’ negative reaction to statements by the Chairman that the Fed may start “tapering” its QE3 bond buying program.» Read More