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Economics Today

Federal Reserve/Economic Reports At the Jackson Hole Economic Policy Symposium, Federal Reserve Chair Janet Yellen said, “In light of the continued solid performance of the labor market and our outlook for economic activity and inflation, I believe the case for...

Economics Today

Federal Reserve/Economic Reports In one of the most closely watched reports, July nonfarm payrolls rose 255,000, well above the consensus looking for an increase of 179,000. The average workweek exceeded expectations moderately, increasing 0.1 hour to 34.5 hours....