unemployment rate – DIGIT INFO

Claudia Sahm Warns Fed: Delayed Rate Cuts Could Spur Unnecessary Recession

DIGIT — Thu, 15 Aug 2024 01:05:41 +0000

In a detailed discussion with Kitco News, Claudia Sahm, founder of Sahm Consulting and chief economist at New Century Advisors, shared her insights on the U.S. economy. Despite rising recession concerns, Sahm emphasized that the current labor market still shows strength, suggesting the economy may not yet be in a recession. Claudia Sahm on U.S. […]

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How does the economy work?

DIGIT — Sun, 26 Mar 2023 13:07:00 +0000

The economy is a system of producing and exchanging goods and services in a society.

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Federal Reserve Hikes Rate by 25bps to Keep Inflation at Bay, Aims for 2% Inflation Rate by 2025

DIGIT — Wed, 22 Mar 2023 19:05:17 +0000

Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds rate by 25 basis points (bps) on Wednesday, citing the need for the inflation rate to return to 2% over the long run.
Fed Raises Rate Despite Calamity in the U.S. Banking Sector
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