An unexpected job surge confounds the Fed’s economic models
Has the connection between a vigorous job market and high inflation broken down?
- By: Christopher Rugaber, The Associated Press
- February 3, 2023 February 3, 2023
- 15:57
Has the connection between a vigorous job market and high inflation broken down?
Growth forecast largely unchanged, inflation expectations edge up
Financial markets, housing market may face rate-driven headwinds
Few want to sell, fewer looking to buy, January sales down 44.6% year over year
Clients may not know they’re obligated to file, and there is no cap on penalties for late filing if taxes are owed
Policymakers hope to bring down inflation by reducing job openings
Decentralized finance protocols were the top target of crypto thefts
Rate increases are needed to match expanding responsibilities
Macro challenges, greenwashing concerns to keep new issue activity shy of record levels
Several changes occurred across asset management and wealth management
Inflation has slowed but is still fuelling a cost-of-living crisis, public-sector strikes and fears of recession
Liberals said they will release details about the 2% tax in Budget 2023
The rebound was triggered by the end of a strike at Kaiser Permanente and improved weather across the country
Private equity was identified as top choice of alternatives asset class
Trump address on Iran war rattles market optimism
Ex-rep seeking to challenge constitutionality of BCSC records seizure
Fraudster sentenced in absentia after pleading guilty
SRO drops mandatory close-out proposal, adds new conduct-based approach
They can be a powerful tool when dealing with complicated family dynamics or alternative assets
Plus, notetaking AI in insurance, BMO's tokenized cash and tech partnerships
Getting it wrong could draw regulators’ ire, put you at legal risk
Plus, appointments at Sun Life, Connor, Clark & Lunn, Sapling Financial and more
Plus, EQB gains talent, Fiera CEO on medical leave, and a leadership transition at Hazelview
Deputy governor posts to filled via an internal recruitment process
When successful business owners maximize their registered plans, RCAs can help plan for future income needs
S&P 500 adds another 0.7% after Tuesday's big leap
Plus, a new ETF from Vanguard, TD issues a green bond and multiple fund changes announced