Buyers swarmed builder lots in May to propel the biggest gain in sales of new homes in 22 years, while consumer confidence this month was the strongest since 2008, showing how an improving U.S. job market is giving the economy a much-needed lift.
Investors trying to anticipate Federal Reserve interest-rate policy are ignoring the dots and focusing on Chair Janet Yellen’s words.
Investors trying to divine the outlook for Federal Reserve interest-rate moves are ignoring the dots and focusing on Chair Janet Yellen’s words.
"We can't keep getting numbers like these and not admit that the labor market has healed."
- Chris Rupkey on Jul 18, 2014
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