Summary:  Q2 real GDP revised up to 3.0% Initial jobless claims last week fell by 2,000 to 231,000 Continuing claims last week rose by 13,000 to 1,868,000   The U.S. initial jobless claims slightly declined last week, as reported by the Bureau of Labo...

The Federal Reserve released the minutes of the July FOMC meeting on August 21, providing insight into the views of Fed officials on the current economic conditions and outlook:   Inflation: Inflation has eased compared to a year ago, with core PCE rising 2.6% year-over-year in June. Alth...

The U.S. Bureau of Labor Statistics released the July employment report on August 2, indicating that the unemployment rate increased to 4.3% from 4.1% in June. Although the unemployment rate remains near historical lows and close to the natural rate of unemployment, it has been rising for four con...

The Federal Reserve held its July FOMC meeting on July 31, deciding to keep the federal funds rate target range unchanged at 5.25% to 5.5%. In its post-meeting statement, the Fed noted signs of a cooling labor market and a slight uptick in unemployment, coupled with reduced inflationary concerns. Th...