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 – 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 ...
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 ...
Week In Review – March 4 20204
Personal Consumption Expenditures Index Rose 0.3% in January… Excluding food and energy, the Personal Consumption Expenditures Index (PCE) rose 0.4%. What it means— Trailing energy prices gave ...