Article Hero

Promising US economic readings

Miguel A. Rodriguez
Miguel A. Rodriguez
27 January 2022
GDP grew higher at the end of 2021. Unemployment figures reached a four-week low

The jobless claims totaled 260,000 for the week ended January 22, with figures coming in line with expectations. Compared to the previous week’s numbers, the numbers are 30,000 lower. The unemployment filings are lower for the first time in four weeks after in December claims reached a half-century low of 188,000.


The US economy grew at a higher rate than expected in 2021 despite the challenges posed by Omicron and supply chain disruption.

According to data from the Commerce Department, the country’s GDP increased at a 6.9% annualized pace, higher than the 6% forecasted.

Despite the latest GDP increase, Fed Chairman Jerome Powell warned that growth in the early part of the year is slowing. The Fed telegraphed a March interest rate hike – the first one since 2018. Moreover, central bankers expect the end of the monthly asset purchases in the same month.

The tightening measures respond to inflation running at its highest pace in four decades.


This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

Share this article

How did you find this article?


Read More

Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.