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Transcripts For CSPAN3 Key Capitol Hill Hearings 20160621

Appears to have been temporary. Indicators for the Second Quarter have so far pointed to a sizable rebound. This recovery is a key factor supporting the committees expectation that Overall Economic activity will expand at a moderate pace over the next few years. Despite lackluster Economic Growth the job market continued to improve early in the year. During the First Quarter job gains averaged nearly 200,000 per month, just a bit slower than last years pace. And the Unemployment Rate held near 5 even though notably more people were actively looking for work. However, more recently, the pace of improvement in the labor market appears to have slowed markedly. Job gains in april and may are estimated to have averaged only about 80,000 per month. And while the Unemployment Rate fell to 4. 7 in may, that decline occurred because fewer people reported that they were actively seeking work. A broader measure of unemployment that includes individuals who want and are available to work but have

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Transcripts For CSPAN Key Capitol Hill Hearings 20160616

Justine underhill, yahoo finance. Now that the fed has started the process of raising rates, various fed officials have said, including ben bernanke, that the fed could go cash flow negative in this scenario as capital losses are taken on the portfolio bond. Do you still see this happening, and when might this happen . Youre talking about our income going negative . Conceivable, in a scenario where growth and inflation will really surprised us to the upside. We would have to raise shortterm Interest Rates so rates we would be paying on reserves would exceed what were on the portfolio. Bout 2en, we have a trillion in liabilities, namely currency, on which we pay no interest, so this does require an extreme scenario with very rapid increases and shortterm Interest Rates. It is conceivable, but quite unlikely, that it could happen. But, you know, if it were to happen, we would have an economy that would be doing very well. This is probably an economy that everybody would feel very well,d,

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Transcripts For FBC Countdown To The Closing Bell With Liz Claman 20160615

But we are quite uncertain about that. Reporter in your speech in philadelphia, you called the slowdown in job growth last month concerning, and you mentioned today that you want to verify that the underlying momentum in the economy and the labor market is still continuing. What do you need to see to convince you that the labor market is toward full employment and for how long do you need to see it . I cant give you a formula, i know you would like to have a number thats a cutoff for what we need to see in a particular report. There are a lot of different indicators of the labor market, for example, the labor Market Conditions index, the binnia, referred to 19 different indicators. Clearly we will be looking at the next job report, and if we were to see a healthy pace of job growth, you know, above that needed to kind of maintain the status quo in the labor markets. I should say over time, we should expect to see as the economy comes closer to maximum employment, the likely pace of job

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Community News & Notes: May 23-29, 2024 - Falls Church News-Press Online

Community News & Notes: May 23-29, 2024 - Falls Church News-Press Online
fcnp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fcnp.com Daily Mail and Mail on Sunday newspapers.

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F.C. Council Poised to Cut 2¢ As Budget Vote Looms - Falls Church News-Press Online

F.C. Council Poised to Cut 2¢ As Budget Vote Looms - Falls Church News-Press Online
fcnp.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from fcnp.com Daily Mail and Mail on Sunday newspapers.

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