Employment Report Disappoints but Probably Won’t Delay Federal Reserve’s Tapering Plan

The September employment report disappointed analysts; will it also complicate the Federal Reserve’s plan to begin withdrawing the monetary support that has cushioned the economy throughout the pandemic?

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The old year has ended.  (We stayed awake past midnight on New Year’s Eve, just to be sure.) Looking ahead, we’ve compiled an assortment of  predictions for those who prefer not to rely on their own crystal balls to anticipate what the coming year will bring. 

It’s not surprising that reports of the impressive – actually, astounding – increase in the nation’s third quarter growth rate were drowned out by the pre-and post-election noise. 

Controlling the virus and boosting the economy aren’t mutually exclusive, economists and health care experts agree; but they are mutually difficiult.

If home sales alone were an indicator of economic health, you might conclude that the economy has rebounded smartly from the pandemic-induced recession and is on a path for steady growth.