A second straight month of strong U.S. job growth is "further evidence that February’s paltry 56,000 increase in jobs was an aberration."
“The rebound in productivity is restraining labor costs and keeping inflation in check,” an economist says.
The Fed doesn't see "a strong case for moving [rates] in either direction" amid weak inflation and solid economic growth.
“The economy is in a sweet spot for now," with inflation pressures remaining too weak for the Fed to raise interest rates.
GDP got a boost in Q1 from a sharp decline in imports but economists warn that underlying spending and investment data point to slowing growth.
The bank's first revenue miss in two years reflected what CEO David Solomon called a “challenging” trading environment.
Policymakers still appear to have left themselves "some wiggle room” in determining monetary policy for the rest of 2019.
The measure of consumer spending fell 0.2% after a 1.2% gain in January, signaling tepid economic growth for the first quarter.
"Yield curves are responding to what they see, to what I believe is a global economic slowdown," a portfolio manager says.
The biggest drop in spending since 2009 confirmed expectations that the economy will slow down further in the first three months of 2019.
“I think this is a slowing. I don’t think this is ‘we’re falling into an abyss," one economist says.
"It appears the bloom is off the economic expansion rose. The data doesn’t paint a picture of strong growth going forward.”
