The U.S. Economy Created 253,000 Jobs in April, Well Above the Estimate of 180,000… The unemployment rate remained unchanged, at 3.4%. What it means— It’s time for revisionist history. While the ...
Week In Review – April 24 2023
March Existing Home Sales Down 2.4% From February, Down 22% Over Last Year… Existing home sales fell more than expected, as mortgage rates inched higher and supply remained low. What it means— It’s ...
Week In Review – April 3 2023
The Personal Consumption Expenditures Index (PCE) Rose 0.3% in February, 0.1% Less Than Expected… The rise in prices was half that of January, 0.6%, and the year-over-year rate fell from 5.3% to ...
Week In Review – March 27 2023
The Federal Reserve Raised the Overnight Rate 0.25% to a Range of 4.75% to 5%… The Federal Open Market Committee (FOMC) removed the language about additional rate hikes from the monetary policy ...
Week In Review – March 20 2023
Silicon Valley Bank and Signature Bank Fail, Federal Reserve and Federal Deposit Insurance Corporation Respond with Unlimited Deposit Insurance… The central bank board and regulatory board deemed the ...