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KQED Nightly Business Report June 22, 2024

Activity, expanded at a rate of 3. 2 . Although the number wasnt as strong as many expected or as had hoped, consumer spending, which makes up the majority of the Economic Activity was strong. But even though the report was slightly below expectations, Steve Liesman tells us why it may be enough to seal the deal for a possible rate hike in september. Reporter the government saying today there was more growth than it first reported in the First Quarter and less growth than the market expected in the second leading to a bit stronger growth in the first half overall. First quarter gdp revised up to 0. 6 was originally reported to be negative. The Second Quarter came in at 2. 3 for a decent but unspectacular bounceback. And there was more inflation than initially forec ....

United States , Saudi Arabia , John Kilduff , Dominic Chu , Los Angeles , Phil Lebeau , David Taylor , Economic Activity , Steve Liesman , Rate Hike , First Quarter , Growth Market , First Half , Second Quarter , Federal Reserve , Good Jobs , Bureau Economic Analysis , Economic Analysis , Big Scare , Energy Industry , Texas Group , Biggest Energy , Biggest Energy Companies , Energy Companies , Companies Report , Big Week ,

KQEH Nightly Business Report June 22, 2024

Activity expanded at a rate of 3. 2 . Although the number wasnt as strong as many expected or as had hoped, Consumer Spending which makes up the majority of the Economic Activity was strong. But even though the report was slightly below expectations Steve Liesman tells us why it may be enough to seal the deal for a possible rate hike in september. Reporter the government saying today there was more growth than it first reported in the First Quarter and less growth than the market expected in the second leading to a bit stronger growth in the first half overall. First quarter gdp revised up to 0. 6 was originally reported to be negative. The Second Quarter came in at 2. 3 for a decent but unspectacular bounc ....

United States , Saudi Arabia , John Kilduff , Dominic Chu , Los Angeles , Phil Lebeau , David Taylor , Consumer Spending , Economic Activity , Steve Liesman , Rate Hike , First Quarter , Growth Market , First Half , Second Quarter , Federal Reserve , Good Jobs , Bureau Economic Analysis , Economic Analysis , Big Scare , Energy Industry , Texas Group , Biggest Energy , Biggest Energy Companies , Energy Companies , Companies Report ,

KQED Nightly Business Report June 22, 2024

Every month but this time around, everybody is waiting for it. Thats because the first Interest Rate hike in nearly a decade is on the table. The Federal Reserve chair has repeatedly said that the central bank is dependent and job market is central to its decision. As Hampton Pearson reports, the day before the critical report, we got additional clues as to the health of the labor market. Reporter one day before the al allimportant jobs report, the number of americans filing firsttime unemployment claims rose to 270,000. Another sign the labor market is and at the same time a closely watched report in the private sector shows layoffs topped 105,000 last month, a fouryear high with more than half the cuts coming from the military. Last week, the fed up graded its assessment of the job market, describing employment gains ....

New York , United States , San Francisco , Michael Farr , Marco Rubio , Chris Christie , Chris Christie Marco Rubio , Hampton Pearson , Mike Huckabee , Jerome Paul , Kate Rogers , Morgan Brennan , Courtney Reagan , John Harwood , Jeb Bush , Ben Carson Ted Cruz , Hillary Clinton , Rick Perry , Interest Rate , Rate Hike , Federal Reserve , Central Bank , Job Market , Health Labor , One Day , Labor Market ,

KQED Nightly Business Report June 22, 2024

Every month but this time around everybody is waiting for it. Thats because the first Interest Rate hike in nearly a decade is on the table. The Federal Reserve chair has repeatedly said that the central bank is dependent and job market is central to its decision. As Hampton Pearson reports, the day before the critical report we got additional clues as to the health of the labor market. Reporter one day before the all allimportant jobs report the number of americans filing firsttime unemployment claims rose to 270,000. Another sign the labor market is and at the same time a closely watched report in the private sector shows layoffs topped 105,000 last month, a fouryear high with more than half the cuts coming from the military. Last week the fed up graded its assessment of the job market describing employment gains as s ....

New York , United States , San Francisco , Michael Farr , Marco Rubio , Chris Christie , Chris Christie Marco Rubio , Hampton Pearson , Mike Huckabee , Jerome Paul , Kate Rogers , Morgan Brennan , Courtney Reagan , John Harwood , Jeb Bush , Ben Carson Ted Cruz , Hillary Clinton , Rick Perry , Time Around , Interest Rate , Rate Hike , Federal Reserve , Central Bank , Job Market , Health Labor , One Day ,

KQEH Nightly Business Report June 22, 2024

Every month but this time around everybody is waiting for it. Thats because the first Interest Rate hike in nearly a decade is on the table. The Federal Reserve chair has repeatedly said that the central bank is dependent and job market is central to its decision. As Hampton Pearson reports, the day before the critical report we got additional clues as to the health of the labor market. Reporter one day before the all allimportant jobs report the number of americans filing firsttime unemployment claims rose to 270,000. Another sign the labor market is and at the same time a closely watched report in the private sector shows layoffs topped 105,000 last month, a fouryear high with more than half the cuts coming from the military. Last week the fed up graded its assessment of the job market describing employment gains as s ....

New York , United States , San Francisco , Marco Rubio , Chris Christie Marco Rubio , Hampton Pearson , Frank Sinatra , Kate Rogers , Morgan Brennan , Courtney Reagan , John Harwood , Jeb Bush , Ben Carson Ted Cruz , Rick Perry , Michael Farr , Chris Christie , Las Vegas , Mike Huckabee , Jerome Paul , Hillary Clinton , Time Around , Interest Rate , Rate Hike , Federal Reserve , Central Bank , Job Market ,