Sentences with phrase «improvement in the labor market»

These increases, however, were not accompanied by significant improvement in labor market conditions.

Further improvement in the labor market has also helped drive shares higher.

Despite recent improvements in the labor market, millennials face a severe shortage of affordable entry - level homes in many parts of the country.

The mixed data illustrate a basic contradiction for 2015: Despite continued improvement in the labor market and lower gasoline prices, consumers aren't responding with open wallets.

This growth in consumer spending probably is due, in part, to improvements in labor market conditions, household balance sheets and household access to credit.

Despite recent improvements in the labor market, millennials face a severe shortage of affordable entry - level homes in many parts of the country.

The two say that with continued improvement in the labor market and increasing house prices the delinquency rate should continue to fall but will not be back to normal for some time.

«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.

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 judges that there has been considerable improvement in labor market conditions this year, and it is reasonably confident that inflation will rise, over the medium term, to its 2 percent objective,» the Federal Reserve said in a statement on Wednesday, suggesting other interest - rate increases are likely, but it would leave the new rate as it was for some time.

He said policymakers have «painted themselves in a bit of a corner, waiting to see a significant improvement in the labor market.»

Fed officials saw room for improvement in the labor market, as most of their contacts around the country reported that wage growth was still slow.

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.»

In the absence of such evidence, I believe that policymakers should strive to facilitate ongoing improvement in labor market outcomes until they more closely resemble those that prevailed before the Great Recession.

On the whole, however, steady improvement in the labor market and in the US economy overall should, we believe, push the Fed to raise US base rates in the months ahead.

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.

As a result, the FOMC ain't moving rates up, absent improvement in labor market indicators, much higher inflation, or a US Dollar crisis.

It has renewed its confidence in the US economy, noting in particular the marked improvement in the labor market.

The unemployment rate dropped to 8.3 percent, down from 8.5 percent the month prior, as the large increase in employment outweighed a growing number of people joining the workforce — indicating a genuine improvement in the labor market.

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 ®.

«The stance of monetary policy remains accommodative after this increase, thereby supporting further improvements in labor market conditions and a return to 2 percent inflation.»

«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.»

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 end its current program of asset purchases at its next meeting.

The Committee judges that there has been considerable improvement in labor market conditions this year, and it is reasonably confident that inflation will rise, over the medium term, to its 2 percent objective.

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.

Atlanta Fed President Dennis Lockhart told Market News International in an interview that continued improvement in the labor market would be key.

In the latest policy statement, Federal Reserve officials highlighted further improvements in labor market conditions amid slower growth.

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.

In the U.S., St. Louis Fed President James Bullard said Monday the central bank doesn't need to change rates in the near term because inflation is unlikely to rise significantly, despite improvements 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.

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.»

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.»

«While economic growth has not been rapid, it has been sufficient to generate further improvement in the labor market,» Yellen said.

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.

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.

In Brainard's words, «I do not view the improvement in the labor market as a sufficient statistic for judging the outlook for inflation.»

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.

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.

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...

The Committee is concerned that, without further policy accommodation, economic growth might not be strong enough to generate sustained improvement in labor market conditions.

is concerned that, without further 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.

The Committee remains concerned that, without sufficient policy accommodation, economic growth might not be strong enough to generate sustained improvement in labor market conditions.

as needed to promote a stronger economic recovery and sustained improvement in labor market conditions in a context of price stability.

June 2016 July 2016 Comments Information received since the Federal Open Market Committee met in April indicates that the pace of improvement in the labor market has slowed while growth in economic...

The stance of monetary policy remains accommodative, thereby supporting further improvement in labor market conditions and a return to 2 percent inflation.

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 anticipates that it will be appropriate to raise the target range for the federal funds rate when it has seen further improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term.