Nick Timiraos Tells Us Jay Powell Scored a Hat Trick… The jobs market and economy cooled while the long bond eased. What It Means—Now, if the Fed chair and other central bankers talk up lower GDP ...
Week In Review – June 17 2024
The Federal Reserve Held Overnight Rates in a Range of 5.25% to 5.50%... The Federal Open Market Committee (FOMC) held rates steady and gave no strong hints as to when rates would drop. What it ...
Week In Review – June 3 2024
Trump Found Guilty on All 34 Counts… The previous president was found guilty on 34 counts of sending hush money to porn star Stormy Daniels through his lawyer to buy her silence and using political ...
Week In Review – May 20 2024
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 – April 30 2024
First-Quarter GDP Growth Slows to 1.6%, Well Below Forecasts… GDP growth dropped 50% from the third quarter, even though prices moved higher. The combination raised the specter of stagflation. What ...