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 – April 1 2024
New-Home Sales Slipped 0.3% in February to an Annualized Rate of 662,000… The sales rate fell 31.5% in the Northeast. What it means— The median sales price of a new home fell from $414,900 to ...
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 ...
Week In Review – January 23 2024
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 ...