Federal Reserve Chair Powell Said Central Bank Stands Ready to Raise Rates by 0.50% if Necessary... In remarks about fighting inflation, Powell noted that the bankers will do whatever is necessary, ...
Week In Review – March 21 2022
The Federal Reserve Raised Rates by 0.25%... The central bankers forecast that they will raise rates six more times this year, bringing the federal overnight funds rate close to 2%. What it means— ...
Week In Review – March 7 2022
The U.S. Economy Created 678,000 Jobs in February... The Bureau of Labor Statistics revised the December and January numbers higher by a total of 92,000 jobs. The unemployment rate dropped from 4% to ...
Week In Review – February 22 2022
Russia Removes a Few Troops from the Ukrainian Border…or Did They?... After massing more than 100,000 troops along the Ukrainian border in what looked like preparations for war, Russia announced that ...
Week In Review – February 14 2022
Prices Up 7.5% over Last Year... In January, annual inflation reached its highest level since February 1982. What it means— The last time inflation ran this hot the 10-year Treasury bond paid ...