Retail Sales Jumped 5.6% Last Year, Were Well Above Inflation at 3.4%… A strong holiday season ended the year with sales up 0.6%. What it means— The good news is that while consumers have soured on ...
Week In Review – January 15 2024
Consumer Price Index up 0.3% in December, up 3.4% Over Last Year… Core inflation rose 0.3% over the month and 3.9% for the year. What it means— Consumers are ticked off. While average weekly ...
Week In Review – December 27 2023
Personal Consumption Expenditures Index Dropped 0.1% in November, First Decline in More Than Three Years… Annual Personal Consumption Expenditure (PCE) growth slowed to 2.6%, the lowest rate in over ...
Week In Review – December 18 2023
The Federal Reserve Held the Overnight Rate to a Range of 5.25% to 5.50% and Signaled Rates Will Go Lower Next Year… The all-important “dot plot” showed the consensus for the overnight rate at the end ...
Week In Review – December 4 2023
The Personal Consumption Expenditures Index Eased From 3.4% in September to 3.0% in October… The core Personal Consumption Expenditures Index (PCE), the Fed’s preferred inflation gauge, dropped from ...