Consumer Price Index Up 0.3% Last Month, Up 3.4%Over Last Year… While still well above the Fed’s 2% target, inflation appears to be falling slowly. What it means— This is where people who are not in ...
Week In Review – May 6 2024
U.S. Economy Created 175,000 Jobs in April…The unemployment rose to 3.9%. What it means— Break out the champagne glasses, but don’t pour it yet. The lower jobs numbers and higher ...
Week In Review – April 22 2024
In Moderated Q&A, Fed Chair Powell Tells Audience It Might Take Longer to Tame Inflation… Powell noted that while inflation had declined significantly since last year, recent data have not given the ...
April 16 2024
The Consumer Price Index Rose 0.4% Last Month, 0.1%More Than the 0.3% Estimate… The Consumer Price Index (CPI) rose 3.5% for the year. What it means— Inflation sucks. It seems like just a year or ...
Week In Review – March 25 2024
The Federal Open Market Committee Issued Its Monetary Policy Statement and Held Rates Steady at 5.50%… After the announcement, the future probability of a rate cut rose to 67%. What it means— Did ...