Fed Keeps Interest Rates High; Jobs Grow for 40th Consecutive Month

Afford Anything

Contenuto fornito da Paula Pant | Cumulus Podcast Network. Tutti i contenuti dei podcast, inclusi episodi, grafica e descrizioni dei podcast, vengono caricati e forniti direttamente da Paula Pant | Cumulus Podcast Network o dal partner della piattaforma podcast. Se ritieni che qualcuno stia utilizzando la tua opera protetta da copyright senza la tua autorizzazione, puoi seguire la procedura descritta qui https://it.player.fm/legal.

6M ago 43:19

MP3•Pagina principale dell'episodio

#502: The Fed met earlier this week and elected to keep interest rates at a 23-year high, in an effort to wrestle inflation closer to its two percent target.

Despite this, the April jobs report, which was released today, shows that jobs grew for the 40th consecutive month, and unemployment remains under 4 percent, an historic low, for the 27th straight month.

The 12-month inflation rate is 3.5 percent, based on March CPI data.

Stocks remain on a tear, but performance is lopsided, with 10 companies driving 85 percent of this years’ gains.

We cover this and more in our First Friday economic update episode.

Enjoy!

For more information, visit the show notes at https://affordanything.com/episode502

Learn more about your ad choices. Visit podcastchoices.com/adchoices

620 episodi

#Motivation #Trading #Business #Affordanything #Earlyretirement #Financialindependence #Growwealth #Investing #Madfientist #Paulapant #Realestate #Retirement #Paula Pant #Self-Improvement #Entrepreneur #Podcasting Education #Budget #NetWorth #Rentalproperty