Fed Chair Powell Says Defeating Inflation More Important Than Staving Off Recession... In a panel discussion with European bankers, Powell identified price stability as the biggest threat to the U.S. ...
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 ...
Week In Review – June 20 2022
Fed Raised Overnight Rate by 0.75% and Might Do it Again ... The central bankers raised the federal funds rate (FFR) from a range of 0.75%–1.00% to a range of 1.5%–1.75%. What it means— With ...
Week In Review – June 13 2022
Consumer Prices Jumped 1% Last Month and Are Up 8.6% Over Last Year... Inflation came in hotter than expected and reached the highest level since December 1981. What it means— Base effect? What ...
Week In Review – June 6 2022
The U.S. Economy Added 390,000 Jobs in May... The jobs growth beat the consensus estimate of 320,000. The unemployment rate remained steady at 3.6%. Weaker data may arrive soon as technology companies ...