Federal Reserve Minutes Spook the Markets… The Federal Reserve released the minutes from its April meeting. While the bankers appeared to take a balanced view of the economy, already-nervous investors ...
Week In Review – April 26 2021
Initial Jobless Claims Fall to 547,000… For the second consecutive week, less than 600,000 people filed for initial jobless benefits. What it means— Before the pandemic, the record high for initial ...
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 – 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 1 2021
Fed Chair Powell Says Central Bank Will Stay the Course… In his testimony to Congress, Powell said that the central bankers want to see substantial progress in the labor market and inflation near its ...