CNBC Economy

Economists expect to see 675,000 jobs were added in March as the economy reopened more broadly, and the number of vaccinated people increased.

First-time claims for unemployment benefits totaled 719,000 last week, higher than the 675,000 Dow Jones estimate and the previous week’s 658,000.

Chief financial officers of large corporations polled by CNBC are optimistic about the U.S. and global economy and bullish on the Dow Jones Industrial Average.

Companies added 517,000 workers for the month, a spike from the 176,000 in February though just below the 525,000 Dow Jones estimate.

The U.S. housing market is suffering from its lowest supply in history, and that is taking an increasingly hard toll on sales.

Home price gains are accelerating at an alarming pace, a sharp, pandemic-induced inflation that some claim is not getting enough attention from the Fed.

The Fed is not keeping monetary policy easy to help the government run up debts and deficits, Waller said.

At some point, that will allow the central bank to dial back the help it has provided, though Powell said now is not that time.

Claims totaled 684,000 for the week ended March 20, the first time the number has been below 700,000 during the Covid-19 era.

Banks have improved their capital positions and should be allowed to continue to buy back their own shares, Yellen said.

Higher mortgage rates do not appear to be dampening demand for home purchases but are crimping refinance volume.

Sales of newly built homes fell more than expected in February, as builders faced higher costs and persistent delays.

The Federal Reserve has taken another step forward in efforts to ensure that the financial system is protected against climate risks.

Dallas Federal Reserve President Robert Kaplan told CNBC he likely will favor an interest rate increase before the end of 2022.

The supply of homes for sale fell 29.5% year over year, the largest annual decline ever, to 1.03 million homes.

"Vaccines are rolling out, case rates and hospitalizations are falling, excess savings and fiscal stimulus should help fund pent-up demand," said Thomas Barkin.

Inflation-fighting tools come with a cost, and can be deadly to the kinds of growth periods the U.S. is experiencing.

The Fed declined to extend a pandemic-era rule that relaxed the amount of capital banks had to maintain against Treasurys and other holdings.

Jobless claims totaled 770,000 for the week ended March 13, an increase from 725,000 during the previous period.

The Federal Reserve sharply ramped up its economic expectations for 2021, according to the central bank's Summary of Economic Projections.