Economy · Brief
The central bank raised its key rates effective June 17 and September 16, taking the deposit facility rate from 2.00% to 2.50%, according to ECB data.
Economy · Brief
Payrolls grew by 29,000 and the unemployment rate was 4.2%, the Bureau of Labor Statistics said; July and August job gains were revised down by 60,000 combined.
Economy · Brief
Core prices rose 0.3% on the month and 2.6% from a year earlier, up from 2.4% in August, according to the Bureau of Labor Statistics.
Economy · Brief
Sales excluding gasoline stations rose 0.2%, the Census Bureau said, and the August gain was revised up to 1.3%.
Economy · Brief
Continuing claims rose 25,000 to 1,728,000 in the week ended October 10; the insured unemployment rate was 1.1%.
Economy · Analysis
The September minutes, a 0.6% monthly rise in consumer prices and payroll growth of just 29,000 frame the Federal Reserve's first meeting since it raised rates.
