Private companies added a net 122,000 jobs in May, ADP said, compared with 105,000 additions in April and economists expectations of 110,000 new jobs.
Source link
ADP Says Private-Sector Hiring Stayed Strong Last Month
Eurozone Trade Surplus Narrowed in March
The move likely reflects an increase in the cost of imported energy as the conflict in the Middle East disrupted supplies. Source link
Fed’s Goolsbee Warns U.S. Economy Heading in ‘Stagflationary’ Direction
The Chicago Federal Reserve president warned that the persistent combination of energy shocks and stubborn inflation could push the U.S. economy into a “stagflationary” direction. […]
Bank of Canada on Alert for Quick Change in Inflation Dynamics, Minutes Say
Bank of Canada officials agreed on the need to change course quickly on rate policy depending on developments in the Middle East and trade tensions […]