Economic Report – 8/11/15
This month economists have focused on international concerns and their effect on our economy. Most importantly; the default crisis in Greece, China’s stock market fall back, and nuclear discussions with Iran. The federal reserve must keep a close eye on what is going on around the world before they make a decision to increase interest […]
Read MoreEconomic Report – 7/11/15
Economic statistics indicate the economy is producing over two millions jobs per year. The continuing rise in these statistics raises the question as to when the Federal Reserve will increase interest rates. The Federal Reserve directly controls short term rates but only indirectly affects long-term rates through their actions. It is possible that the Fed […]
Read MoreEconomic Report – 6/11/15
As the economy continues to do better, Chairwoman Janet Yellen spoke this month and indicated that the Fed will definitely be increasing interest rates this year. She did not give an exact time, but it is more likely to happen in September than in June. February and March’s subpar employment creation numbers were likely attributable […]
Read MoreEconomic Report
Economic Report -5/11/15 There were many economic reports released the last few weeks. These reports are crucial to analyze as they can impact the Federal Reserve Board’s decision to raise interest rates. First quarter earnings and forecasts for the following quarter were made by corporate companies. Additionally, personal income and spending numbers and the preliminary […]
Read MoreHow the Employment Report Affects Mortgage Rates
Employment Report The monthly employment report is very important. The creation of new jobs tells us how the economy is currently performing and how it will be performing in the upcoming future. When a significant number of jobs are created, people spend more money, which In turn creates more jobs. March’s employment report was even […]
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