Federal Reserve Tapers Faster and Expects to Raise Rates in 2022… The central bankers announced that they will reduce bond buying by $30 billion per month, likely ending the program in March, and then ...
Week In Review – December 6 2021
The U.S. Economy Created 210,000 Jobs in November… The unemployment rate dipped to 4.2%, a pandemic low. What it means—The jobs report showed the worst of both worlds. The consensus estimate was ...
Week In Review – November 29 2021
Build Back Better Act Passes House…The U.S. House of Representatives passed the $1.85 trillion reconciliation bill, which now goes to the Senate. What it means— Representatives held off on voting ...
Week In Review – November 8 2021
The U.S. Economy Created 531,000 Jobs in October… The unemployment rate fell from 4.8% to 4.6%. What it means— There was good news almost across the board in the jobs report, as payrolls ...
Week In Review – October 26 2021
Industrial Production Down 1.3%… Factory, mining, and utility production fell in September, missing the consensus estimate for a 0.2% gain. What it means — The decline marked the biggest drop since ...