Powell Tells Congress Fed Still in No Rush to Lower Rates… What Does It Mean - Federal Reserve Chair Jerome Powell emphasized a cautious approach to interest rate adjustments during his testimony ...
Week In Review – September 23 2024
Stocks Gain as Traders Weigh Another Big Rate Cut… What Does It Mean - Asian stocks are expected to decline as concerns about the Chinese economy intensify. Recent data indicates a slowdown in ...
Week In Review – November 2 2021
GDP Growth Slowed to 2% in Third Quarter… After expanding at a 6.7% annualized rate in the second quarter, GDP growth slowed dramatically. What it means— The actual number split the difference ...
Week In Review – April 5 2021
The U.S. Economy Created 916,000 Jobs in March… The unemployment rate dipped from 6.2% to 6.0%. What it means— That’s a lot of jobs. With the upward revisions to the January (+67,000) and February ...
Week In Review – May 12 2020
The U.S. Lost 20.4 Million Jobs in April… The worst jobs report in history! The unemployment rate soared to 14.7%. What it means— Another 3.17 million people filed for initial jobless claims this ...