Economics

Economic Update - September 2018

Watch this month’s Economic Video Update with Robert Spendlove, Economic and Public Policy Officer for Zions Bank.

Robert Spendlove and Joseph Mayans Sep 21, 2018

The U.S. labor market continues to show surprising strength after adding a better-than-expected 201,000 jobs in August. The unemployment rate remains below 4 percent, at 3.9 percent, and annual wage growth jumped from 2.7 to 2.9 percent. With an expanding labor market and solid economic growth, the Federal Reserve is expected to raise the federal funds rate another quarter-point at its September meeting, bringing the target range to 2.0 – 2.25 percent.

Watch this month’s Economic Video Update with Robert Spendlove, Economic and Public Policy Officer for Zions Bank, as we discuss the current economic conditions and the Fed’s upcoming policy meeting.

Not all content on this page originates from Zions Bank. Links on this page may redirect you to other websites with different levels of privacy and security from Zions Bank. Zions Bank does not endorse or guarantee the privacy, security, accuracy, or performance of those sites, or the information, products, or services expressed or offered on those sites.

Content is offered for informational purposes only and should not be construed as tax, legal, financial or business advice. Please contact a professional about your specific needs and advice. Content may contain trademarks or trade names owned by parties who are not affiliated with Zions Bancorporation, N.A. Use of such marks does not imply any sponsorship by or affiliation with third parties, and Zions Bancorporation, N.A. does not claim any ownership of or make representations about products and services offered under or associated with such marks.

Share This Article With Your Community