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Tag Archives: rate

BOE keeps the interest rate on hold as inflation cools faster

The Bank of England kept interest rates on hold after a first-quarter slump and said inflation would slow faster than previously expected. The Monetary Policy Committee voted 7 to 0.5 percent, as predicted by everyone but three out of 54 economists in a Bloomberg poll. While Ian McCafferty and Michael Saunders reiterated their support for an immediate surge, investors moved …

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Unemployment rate drops to 3.9% for April, but work report called mixed bag

WASHINGTON – The US employment market improved slightly last month, creating 164,000 net jobs, while the unemployment rate reached a new milestone and dropped below 4 percent for the first time since 2000, the Labor Department said Friday. [196592002] But while job growth rebounded from a disappointing March figure, which was revised up to 135,000 on Friday, other aspects of …

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Unemployment rate looks like old times, but the economy does not

President Trump crowed over the landmark Friday and tweeted: "4% is broken!" JUST OUT: 3.9% unemployment. 4% is broken! In the meantime, WITCH HUNT! – Donald J. Trump (@realDonaldTrump) May 4, 2018 The steady-as-you-go economy has produced a record 91 months of employment growth. This could be a healthier basis than the dot-com era, when pride – or, as it …

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Lauwarm wages, attend mute celebration on US unemployment rate

The US unemployment rate fell below 4 percent for the first time in 17 years, but other details of the April job report kept every celebration in check. Despite reports of firms fighting for skilled labor, average hourly wages showed a slowdown, up 0.1 percent mom and 2.6 percent yoy, both less than projected. In the meantime, the participation rate …

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Twitter Tops earnings forecasts, but growth rate seen slowing

Twitter Inc. beat analysts' estimates for first-quarter earnings and showed signs that it has finally broken down, but the impending turnaround was curbed by a slow-growth outlook this year. The social media company is pushing for live video and more personalized content seems to be paying off, driving revenue and profits in the first quarter by attracting users and advertisers. …

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Profit and sales increase when the tax rate drops

Google's business is buzzing, despite increasing privacy concerns. The parent company of Google announced on Monday that its profits. English: emagazine.credit-suisse.com/app/art … = 263 & lang = en $ 9.4 billion in the first three months of 2018, down from $ 5.4 billion a year earlier. The company's bottom line was aided by the continued strength of its ad sales …

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NASA scientists rate the best and worst space movies

If there is an organization that has much to say about space, it would be NASA. While focusing primarily on expanding our reach into the rest of our galaxy, NASA scientists also have pretty strong opinions on the best and worst space movies. By National Aeronautics and Space Administration [Public domain] via Wikimedia Commons While many different films are doing …

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UPDATE 1 – Egypt's unemployment rate drops to 11.8 percent, private sector growth remains unclear

(Additional data, Comment) CAIRO, April 16 (Reuters) – Egypt's jobless rate dropped from 12.5 percent the year before to 11.8 percent the year before, the state statistics agency CAPMAS said Monday The country looks like people are getting back to work after years of downturn. Egypt hopes to boost the economic growth it needs to create jobs as it progresses …

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The treasury yield curve has been the shallowest in over ten years as interest rate hike expectations heat up

Short-term government bond yields rose while long-term yields remained broadly stable on Friday, prolonging the flattening trend observed this week as investors spoke of higher interest rates from the Federal Reserve following an inflation report and minutes before the last central bank Policy Meeting. What do the returns do? The yield on the ten-year US Treasury note of the benchmark …

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