March 7, 2025 United States: US Hiring Rises at Solid Pace, Unemployment Unexpectedly Higher US hiring remained firm in February and the unemployment rate edged higher, illustrating a labor market that’s cooling gradually in the face of rising economic uncertainty. Nonfarm payrolls increased 151,000 after a downward revision to the prior month, according
March 6, 2025 United States: US Jobless Claims Drop to 221,000, Returning to Muted Levels Applications for US unemployment benefits fell last week, returning to muted levels seen at the start of the year. Initial claims decreased by 21,000 to 221,000 in the week ended March 1. The median forecast in a Bloomberg
March 04, 2025 The seasonally adjusted unemployment rate for the euro area was 6.2% in January 2025, down from 6.5% in January 2024 but constant from December 2024. In January 2025, the unemployment rate in the EU was 5.8%, a decrease from 6.1% in January 2024 but stable compared with December 2024. Eurostat estimates that 12.824 million
March 4, 2025 United States: Traders See Three Fed Cuts in 2025 as Tariffs Add to Growth Risk Traders added to bets on interest-rate cuts from the Federal Reserve amid concern about the impact of US trade tariffs on global economic growth. Money markets moved to fully price three quarter-point reductions this year
March 3, 2025 United States: Stock Futures Gain Amid Wagers Selloff Overdone US stock futures pointed to gains on Wall Street as some investors took advantage of a bruising week as an opportunity to buy. Contracts on the S&P 500 added 0.4% and futures on the Nasdaq 100 gained 0.7%. https://www.bloomberg.com/news/articles/2025-03-02/stock-market-today-dow-s-p-live-updates?srnd=phx-markets
February 28, 2025 United States: Fed’s Favored Inflation Gauge Rises at Mild Pace, Spending Falls The Federal Reserve’s preferred measure of underlying inflation rose at a mild pace in January, offering some relief after a string of reports suggested price pressures are heating up again, while consumers pulled back on spending. The so-called core personal
February 27, 2025 United States: US Economic Growth Was Firm, Inflation Quickened at End of 2024 The US economy advanced at a healthy pace and inflation was more stubborn than initially estimated at the end of 2024. Gross domestic product increased at an unrevised 2.3% annualized pace in the fourth quarter, according to the
February 26, 2025 The euro area’s annual inflation rate was 2.5% in January 2025, up from 2.4% in December. A year ago, the rate was 2.8%. Annual inflation in the European Union rose to 2.8% in January 2025, from 2.7% in December. A year earlier, the rate was 3.1%. Denmark had the lowest yearly rates (1.4%), followed by Italy (1.4%), Finland
February 26, 2025 United States: US Mortgage Rates Decline to 6.88%, Lowest Level This Year US mortgage rates dropped last week to the lowest level this year, but not enough to spur a rebound lending activity. The contract rate on a 30-year mortgage declined 5 basis points to 6.88% in the week ended
February 25, 2025 United States: US 10-Year Yield Hits 2025 Low as Traders Boost Rate-Cut Bets Treasuries rallied as traders boosted bets on Federal Reserve interest-rate cuts, with US President Donald Trump’s tariff plans weighing on risk appetite. Yields on 10-year US bonds fell as much as seven basis points to 4.33%, the
