Educate Always
  • Home
  • Finance
  • Technology
  • Fitness
  • Cooking
No Result
View All Result
  • Home
  • Finance
  • Technology
  • Fitness
  • Cooking
No Result
View All Result
Educate Always
No Result
View All Result
Home Finance

This week in Bidenomics: Bubbles start to deflate

by admin
January 8, 2022
in Finance
0
This week in Bidenomics: Bubbles start to deflate

The first week of 2022 brought a middling jobs report, with solid annual wage growth of 4.7% but a disappointing number of new jobs. Employment rose by just 199,000 in December, far less than economists expected. The economy created a record-breaking 6.4 million jobs in 2021, but that was after 9.4 million jobs disappeared in 2020. Total employment is still about 3.4 million jobs below the pre-pandemic peak.

With that out of the way, there’s bigger news that could be the most potent economic force in 2022: The Federal Reserve plans to tighten monetary policy, and this time, it really means it. Minutes from the Fed’s mid-December meeting, released Jan. 5, reveal that the bank plans to raise interest rates more aggressively than previously expected, and perhaps make other moves to settle a bubbly financial sector.

The trigger for the change is inflation, now running at a 6.8% annual rate. For much of 2021, Fed Chair Jerome Powell insisted that inflation would be “transitory.” But with inflation going up rather than down as the year progressed, Powell said in late November that it was “time to retire that word.” At the Fed meeting a couple weeks later, we now know, the Fed changed more than its verbiage. The more hawkish turn will likely now mean three hikes in short term interest rates in 2022, beginning as early as March. The prior outlook was for two hikes, perhaps starting around May. The Fed may also start selling assets from its huge portfolio of securities, which could push up long-term rates as well as short-term ones.

Read more…

admin

admin

Next Post
Minnesota fitness centers optimistic despite pandemic ups and downs

Minnesota fitness centers optimistic despite pandemic ups and downs

  • Cooking
  • Finance
  • Fitness
  • Technology
  • Uncategorized

Subscribe Us

By clicking submit, I authorize Educate Always and its affiliated companies to: (1) use, sell, and share my information for marketing purposes, including cross-context behavioral advertising, as described in our Terms of Service and Privacy Policy, (2) supplement the information that I provide with additional information lawfully obtained from other sources, like demographic data from public sources, interests inferred from web page views, or other data relevant to what might interest me, like past purchase or location data, (3) contact me or enable others to contact me by email with offers for goods and services from any category at the email address provided, and (4) retain my information while I am engaging with marketing messages that I receive and for a reasonable amount of time thereafter. I understand I can opt out at any time through an email that I receive, or by clicking here

Popular Posts

  • Senior citizens will get only a small boost in Social Security benefits in 2025
  • How Tech Is Redefining The Future Of Jobs
  • Trump delivers remarks on education from Iowa
  • ChatGPT is the push higher education needs to rethink assessment
  • A tribal education trust fund guarantees a fundamental right

Email

[email protected]

Contact Us:

800 E ROCHAMBEAU DR STE F
WILLIAMSBURG, VA 23188

Subscribe Us

By clicking submit, I authorize Educate Always and its affiliated companies to: (1) use, sell, and share my information for marketing purposes, including cross-context behavioral advertising, as described in our Terms of Service and Privacy Policy, (2) supplement the information that I provide with additional information lawfully obtained from other sources, like demographic data from public sources, interests inferred from web page views, or other data relevant to what might interest me, like past purchase or location data, (3) contact me or enable others to contact me by email with offers for goods and services from any category at the email address provided, and (4) retain my information while I am engaging with marketing messages that I receive and for a reasonable amount of time thereafter. I understand I can opt out at any time through an email that I receive, or by clicking here
  • Contact Us
  • Privacy Policy
  • Terms Of Service
  • Unsubscribe
  • Privacy Choices

© 2025 Educate Always | All rights reserved.

No Result
View All Result
  • Home
  • Finance
  • Technology
  • Fitness
  • Cooking

© 2025 Educate Always | All rights reserved.

Skip to content
Open toolbar Accessibility Tools

Accessibility Tools

  • Increase TextIncrease Text
  • Decrease TextDecrease Text
  • GrayscaleGrayscale
  • High ContrastHigh Contrast
  • Negative ContrastNegative Contrast
  • Light BackgroundLight Background
  • Links UnderlineLinks Underline
  • Readable FontReadable Font
  • Reset Reset