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Fed Chair Jerome Powell Set To Speak As Economists Raise Concerns Over Risks Arising From Potential Policy Missteps And 2024 Election
Monday, September 30, 2024 - 4:03am | 525Federal Reserve Chair Jerome Powell is scheduled to speak on Monday amid growing concerns among economists about potential policy mistakes and 2024 election risks. What Happened: The National Association for Business Economics (NABE) released a survey on Sunday revealing that 39% of 32 professional...
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NABE Economists Downgrade 2015 Growth Outlook
Monday, June 8, 2015 - 11:07am | 380The National Association for Business Economics released its June Outlook Survey on Monday. The entire findings can be seen here. Here are some of the key findings: Full Year 2015 GDP Growth Slashed The forecast for the annualized growth rate for 2015 was slashed to 2.4 percent growth from...
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When Should The Fed Raise Rates?
Tuesday, March 10, 2015 - 12:05pm | 358Investors and analysts turned their attention back to the U.S. Federal Reserve this week after strong jobs data suggested that the bank may be looking to raise interest rates sooner rather than later. The bank has kept borrowing costs near zero since December 2008, but most expect a rate hike some...
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Bernanke: Job Market Weak Despite Gains
Monday, March 26, 2012 - 8:54am | 303Fed Chairman Ben Bernanke says the apparent strengthening of the job market as indicated by the improvement in the jobless rate for the past three months may be attributed more to how many jobs were cut in 2008 than to a definitive strengthening of the job market currently. Speaking at the...
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Recession Less Likely as Businesses Go on Shopping Spree
Monday, November 21, 2011 - 12:46pm | 581The National Association for Business Economics (NABE) announced on Monday that the chances of a recession remain low. Remarking on the likelihood of a recession, the National Association for Business Economics said that "only two of 42 forecasters predicted a decline in real GDP over the near...
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NABE Survey: U.S. Hiring Improving (SPY)
Monday, July 19, 2010 - 12:17pm | 230The National Association for Business Economics said its latest survey, released Monday, found 31 percent of businesses added workers between April and June, the highest level in three years. The Associated Press reports that "Economists say the U.S. recovery continued during the second quarter of...