Employment grew in the month of September by 263,000 positions. The unemployment rate declined to 3.5% equaling the lowest level in the last 5 decades. This employment report will be the last prior to the FED meeting in November, so another rise in the interest rate of 75 basis points is anticipated.
Last Wednesday, as expected, the Federal Reserve raised the reference rate by 25 bps, thus reaching the target range of 4.75% - 5%. The president of the monetary entity Jerome Powell anticipated that,
This was a difficult week for North American banks, especially for the so-called regional ones which have faced large deposit outflows. After Silicon Valley Bank closed last week and Signature Bank cl
The Federal Reserve Chairman, Jerome Powell, delivered a speech on Capitol Hill in which he stated that the Fed is willing to accelerate rate hikes if inflation and employment data support it. The mos
