July Federal Reserve Meeting Shows Bankers Set on Raising Rates but More Cautious… The minutes included language that suggested the bankers were watchful of overshooting by raising rates too much, but ...
Week In Review – August 8 2022
The U.S. Economy Created 528,000 Jobs in July… The U.S. Bureau of Labor Statistics reported that the economy created twice as many jobs as expected last month and that the unemployment rate dropped to ...
Week In Review – August 2 2022
The Federal Reserve Raised the Overnight Federal Funds Rate to a Range of .25% to 2.50%… Investors expected the move and the monetary policy statement didn’t change much, but the markets soared after ...
Week In Review – July 25 2022
Existing Home Sales Fell 5.4% in June, Are Down 14.2% Over Last Year… Sales dipped to an annualized rate of 5.12 million, the lowest since June 2020. Excluding the pandemic, it was the lowest sales ...
Week In Review – June 27 2022
Fed Chair Powell Says Fed Efforts Might Push Economy into Recession... In testimony before the Senate Banking Committee, Powell said that it is getting harder to engineer a soft landing. What it ...