What are St. Louis Fed President Alberto Musalem's current views on the U.S. economy, inflation and monetary policy? He discussed these and other topics during a Q&A Thursday with Michael McKee at Bloomberg's The Future of Fixed Income event. Watch the Q&A: https://bloom.bg/4hz2mEa
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In the week ending Oct. 3, seasonally adjusted initial claims for unemployment insurance benefits — those filed for the first time after a job loss — ticked down by 2,000, to 197,000. The four-week moving average fell by 2,500 to 198,000 https://bit.ly/4y6aPU7
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In the week ending Oct. 8, the average fixed 30-year mortgage rate rose to 7.40%, the highest since November 2023. The average fixed 15-year mortgage rate increased to 6.73% https://bit.ly/3Vyd7xX
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Total U.S. consumer credit increased $8.3 billion in August after rising $17.7 billion in July. Nonrevolving credit (auto and student loans) rose $13.1 billion and revolving credit (credit cards) decreased $4.8 billion https://bit.ly/4duc1JL
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Daily spot prices for crude oil as of Oct. 6: Brent was at $125.44 a barrel and West Texas Intermediate crude oil was at $96.24 a barrel. For more, see FRED: https://bit.ly/4jtfc8r
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What are St. Louis Fed President Alberto Musalem’s current views on the U.S. economy, inflation and monetary policy? How does he interpret what’s happening in the bond market? He discussed these and other topics during a Q&A Thursday at a Bloomberg fixed income event: https://bloom.bg/4hz2mEa

Did the severity of a U.S. metro area's unemployment during the COVID-19 recession affect future job gains for young workers? https://bit.ly/4rRhsIB
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Explore why mortgage rates follow 10-year Treasury yields and mortgage-backed securities rather than the federal funds rate #TeachEcon https://bit.ly/3TxL6WG
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Labor market conditions indicators from the Kansas City Fed suggest the level of activity declined modestly and momentum was little changed in September. Track the series in FRED: https://bit.ly/4dUgMfI
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Ireland's per capita income, based on GDP in current dollars, is expected to be $140,186 this year, while Yemen's per capita income will be only $384. What economic forces shape such large differences in national incomes? https://bit.ly/4xRJ6GF
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Don’t miss St. Louis Fed President Alberto Musalem’s conversation with Michael McKee at Bloomberg’s The Future of Fixed Income event. Watch live Thursday beginning at 12:40 p.m. CT / 1:40 p.m. ET on Bloomberg TV or at this link: https://bloom.bg/2K3SNdT

How does economics explain the wide differences in countries' incomes across the globe? Read the analysis: https://bit.ly/4rJCkBj
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Workers with a college degree earn more on average than workers with only a high school diploma. How does this college premium change over a career? https://bit.ly/4zgAZV9
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What happens when unlimited wants are confronted by a limited supply of goods, services, time, money and opportunities? https://bit.ly/4dS9Gs6 #TradeOffs #OpportunityCost #EconSky

The U.S. labor force participation rate increased slightly in September, to 61.8%. For participation rates by educational attainment, race, sex and other categories, see FRED: https://bit.ly/4edwdQf
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What economic factors drive global differences in national incomes? https://bit.ly/4xRJ6GF
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Why does the 10-year Treasury note act as a benchmark for mortgage rates? This essay explains #TeachEcon https://bit.ly/4ANqgn2
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What does the September #JobsReport reveal about the state of the U.S. labor market? Find out from our Flash Report, which analyzes unemployment flows https://bit.ly/4hJp1wn

Get the rundown on U.S. banks' latest profitability, credit quality, liquidity and capital metrics https://bit.ly/4hlB97S
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The #JobsReport, just out today, shows unemployment increased from 4.1% in August to 4.2% in September. Our Flash Report looks at how people moving into and out of unemployment and the labor force combined to affect the U.S. jobless rate https://bit.ly/4hJp1wn