First-Quarter GDP Up 6.4%… This was the second-fastest GDP growth since 2003, trailing only the third quarter of last year after the disastrous second quarter of 2020. What it means— The median ...
Week In Review – April 19 2021
Federal Reserve Chair Powell Provided Guidance, Will Taper Bond Purchases Before Raising Rates… When speaking to the Economic Club of Washington about reducing bond purchases, Powell said, “That would ...
Week In Review – April 12 2021
The Federal Reserve Will Hold Monetary Policy Steady for ‘Some Time’… The bankers noted that the economy is rebounding faster than expected and inflation will likely top the 2% target this year, but ...
Week In Review – March 22 2021
Federal Reserve Plans to Hold Steady for Years… At their regularly scheduled meeting this week, the central bankers agreed to hold monetary policy steady and for the majority forecast rates to remain ...
Week In Review – March 8 2021
The U.S. Economy Created 379,000 Jobs in February… The unemployment rate dropped one tick, from 6.3% to 6.2% . What it means— The big gains were in the private sector, which added 465,000 jobs ...