Though there has been significant
improvement in the labor market, sharply lower oil prices have kept inflation running well below the level the Fed believes is needed for healthy economic growth.
These increases, however, were not accompanied by significant
improvement in labor market conditions.
Improvement in the labor market, if sustained, would help bolster the upward trend of consumer attitudes toward housing, which so far has been a glimmer of light amid a dimming economic outlook.»
It has renewed its confidence in the US economy, noting in particular the marked
improvement in the labor market.
As a result, the FOMC ain't moving rates up, absent
improvement in labor market indicators, much higher inflation, or a US Dollar crisis.
If incoming information broadly supports the Committee's expectation of ongoing
improvement in labor market conditions and inflation moving back toward its longer - run objective, the Committee will likely reduce the pace of asset purchases in further measured steps at future meetings.
The Committee remains concerned that, without sufficient policy accommodation, economic growth might not be strong enough to generate sustained
improvement in labor market conditions.
The Committee is prepared to take further action as appropriate to promote a stronger economic recovery and sustained
improvement in labor market conditions in a context of price stability.
is concerned that, without further policy accommodation, economic growth might not be strong enough to generate sustained
improvement in labor market conditions
In judging when to moderate the pace of asset purchases, the Committee will, at its coming meetings, assess whether incoming information continues to support the Committee's expectation of ongoing
improvement in labor market conditions and inflation moving back toward its longer - run objective.
The Committee is concerned that, without further policy accommodation, economic growth might not be strong enough to generate sustained
improvement in labor market conditions.
E Ink financial executive Lloyd Chen attributed the upswing in gross margin to a combination of factors: better product portfolio, higher yield rates, lower raw material costs and
an improvement in labor and manufacturing costs.
Improvement in the labor market, positive sales growth, rise in disposable income, expansion of retail chains, declining / stable oil prices, and escalating healthcare costs are expected to drive growth for the packaging industry over the next six months.
In deciding when to hike rates, the Fed repeated that it wanted to see «some further
improvement in the labor market,» and be «reasonably confident» that inflation will increase.
Further
improvement in the labor market has also helped drive shares higher.
As usual, the Fed chair hedged her bets somewhat, saying she wanted to see further
improvement in labor market conditions and greater confidence that inflation would move back up to 2 % in the next few years, but, based on current trends, it seems that small, incremental hikes in base interest rates are looming on the horizon.
«The Committee remains concerned that, without sufficient policy accommodation, economic growth might not be strong enough to generate sustained
improvement in labor market conditions,» the Federal Open Market Committee's statement said.
«Taking due account of the uncertainties and limits of its policy tools, the Federal Reserve will provide additional policy accommodation as needed to promote a stronger economic recovery and sustained
improvement in labor market conditions in a context of price stability.»
In terms of the labor market, we have seen only a moderate
improvement in labor market conditions over the past six months or so.
Looking ahead, the government maintained its outlook that the economy will continue «recovering,» supported by
an improvement in labor and income conditions and the effects of fiscal spending.
Atlanta Fed President Dennis Lockhart told Market News International in an interview that continued
improvement in the labor market would be key.
He said policymakers have «painted themselves in a bit of a corner, waiting to see a significant
improvement in the labor market.»
The Fed statement said: «The Committee anticipates that it will be appropriate to raise the target range for the federal funds rate when it has seen some further
improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term.»
Coupled with other bumps on the road (think the eurozone crisis and slow global growth) the overall effect, he added, «has been economic growth around 2 percent, and only a very gradual
improvement in labor markets.»
She also said that despite a 4.9 percent unemployment rate that is bumping up against the Fed's standard for full employment, there «appears to be scope for some further
improvement in the labor market.»
Central banks strikes a mostly optimistic tone in touting rebound in economic activity in recent months and
improvement in the labor market.
Given
these improvements in labor markets, wages have risen gradually — wage growth is now above the roughly 2 percent level that it seemed stubbornly «stuck» at, earlier.
In the latest policy statement, Federal Reserve officials highlighted further
improvements in labor market conditions amid slower growth.
Despite recent
improvements in the labor market, millennials face a severe shortage of affordable entry - level homes in many parts of the country.
Investments in career - related experiences during high school can produce substantial and sustained
improvements in the labor market prospects and transitions to adulthood of youth.
It may take more time before the recent encouraging
improvements in the labor market and economic confidence lead to further increases in consumer spending.»
Despite recent
improvements in the labor market, millennials face a severe shortage of affordable entry - level homes in many parts of the country.
High levels of student debt and stagnant career opportunities have long kept millennials sidelined from the real estate market and, even with recent
improvements in the labor market, affordability continues to be a major concern.
Despite positive
improvements in the labor market in recent years, new home construction is currently insufficient in a majority of metro areas and is contributing to persistent housing shortages and unhealthy price growth in many markets, according to new research from the National Association of REALTORS ®.
According to CoreLogic, more than 1.25 million new households will be formed in 2016 thanks to
improvements in the labor market and lower unemployment rates.
Not exact matches
The area's third - largest economy had appeared to be emerging from a long period of stagnation thanks to the European Central Bank's loose monetary policy,
improvements in the balance sheet of its banks and the first fruits of Prime Minister Matteo Renzi's
labor market reform.
«True, there are encouraging signs of economic recovery
in those advanced economies most affected by the global financial crisis which erupted
in 2008... [but] the report finds that those economic
improvements will not be sufficient to absorb the major
labor market imbalances that built up
in recent years.»
«The (Fed policy - setting) committee needs to make policy choices that will lead to more great years like 2014,» Minneapolis Fed President Narayana Kocherlakota said
in remarks prepared for delivery
in Helena, Montana, citing the dramatic
improvement in the U.S.
labor market last year.
«If you see a few more months of
improvement of this magnitude, it is a clear sign that the
labor market is tightening and is poised to break out next year,» said Ryan Sweet, senior economist at Moody's Analytics
in West Chester, Pennsylvania.
Details of the employment report were upbeat, with most of the measures Fed Chair Janet Yellen tracks to gauge the amount of slack
in the
labor market showing further
improvement.
He explained that, while the economy is currently growing at a rate of around 1.5 to 2 percent, without the
improvement in women's participation
in the
labor force, Japan would've grown at around 1 to 1.5 percent.
Strategists pointed to the addition of the word «some»
in a sentence where the Fed described the further
improvement it would like to see
in labor and inflation before raising rates.
Even with the surprisingly large addition of 287,000 payroll jobs
in June, the pace of
improvement in the U.S.
labor market appears to have slowed somewhat.
As a result, the January minutes included a carefully worded caveat: «Evaluation of the efficacy, costs and risks of asset purchases might well lead the committee to taper or end its purchases before it judged that a substantial
improvement in the outlook for the
labor market had occurred.»
«If the outlook for the
labor market does not improve substantially, the committee will continue its purchases of agency mortgage - backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such
improvement is achieved
in a context of price stability,» the Fed's announcement stated.
The FOMC's annoucement after their meeting on Wednesday affirmed the Fed's QE3 policy, offering no changes, while stating, «If the outlook for the
labor market does not improve substantially, the Committee will continue its purchases of agency mortgage - backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such
improvement is achieved
in a context of price stability.»
Officials said at the last Fed meeting,
in July, that they wanted to see «some further
improvement»
in labor markets.
In another case cited by the Chamber, an employee at Build.com Inc. said she was fired by the home improvement retailer based in Chico, California, for commenting on possible labor - code violations, according to the stud
In another case cited by the Chamber, an employee at Build.com Inc. said she was fired by the home
improvement retailer based
in Chico, California, for commenting on possible labor - code violations, according to the stud
in Chico, California, for commenting on possible
labor - code violations, according to the study.
This reflects the fact that, while value is hard to find
in the current market — be it
in stocks, bonds or cash — there are positive underpinnings: earnings have improved, the
labor market has been resilient, technology continues to drive
improvement in profitability, and monetary policy across the world remains accommodative.
There is an
improvement in China's high levels of debt and its
labor market.