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Fed’s Aim to Unwind Balance Sheet

At the conclusion of the September FOMC meeting on Wednesday, experts predict the Committee will announce plans to unwind quantitative easing in effort to reduce the $4.5 trillion portfolio of treasury and mortgage bonds purchased during the Great Recession. Read More

June Employment Report Expectations

With the ADP report set to be released on Thursday, July 6th, there will be consecutive days of jobs data hitting the markets. The Labor Department will release their monthly nonfarm payroll assessment in the morning on Friday, July 7th. Experts are a bit divided this month based on the large expected range or 140k – 200k new jobs. Read More

U.S. Private Sector Adds 253K Jobs in May

According to payroll processor ADP, the U.S. private sector added 253K jobs in May, beating expectations of 185K.

Friday morning the Labor Department will release its more comprehensive report including both public & private sector employment statistics. Economists put 180K new jobs as the benchmark for May.Read More