The Labor Department released its official employment figures for the month of December. Although the US added 312k jobs, unemployment rate rose to 3,9% compared to the 3,7% in November.

The creating of jobs was slightly below expectations as employers complain about talent shortage, but the numbers should improve soon.

The US Federal Reserve has once again raised the short-term interest rates in a move confirmed on Wednesday. This is now the 8th time since 2015 that the Fed raises the rates after years of historical lows.

Economists are becoming less confident about US economic growth in light of Trump’s trade and budget policies. The experts are also not convinced that the current gains coming from the GOP tax cuts will be sustainable.

On Wednesday, the U.S. Federal Reserve raised interest rates, which didn’t come as a surprise to economists.

The US inflation has accelerated in January as shown by new data. Consumer prices in the country rose higher than expected and the data could pave the way for higher interest rates later this year.