The Federal Reserve Held Overnight Rates in a Range of 5.25% to 5.50%... The Federal Open Market Committee (FOMC) held rates steady and gave no strong hints as to when rates would drop. What it ...
Week In Review – June 11 2024
The U.S. Economy Created 272,000 Jobs in May, Well Above the Non-Farm Payroll Estimate of 180,000… The unemployment rate remained at 4.0%, while the participation rate was steady at 62.5%. What it ...
Week In Review – June 3 2024
Trump Found Guilty on All 34 Counts… The previous president was found guilty on 34 counts of sending hush money to porn star Stormy Daniels through his lawyer to buy her silence and using political ...
Week In Review – May 28 2024
Fed Minutes of April-May Meeting Show Bankers Willing To Raise Rates… The bankers noted that while inflation had eased, it wasn’t making much progress toward the Fed’s 2% goal. What It Means— ...
Week In Review – May 20 2024
Consumer Price Index Up 0.3% Last Month, Up 3.4%Over Last Year… While still well above the Fed’s 2% target, inflation appears to be falling slowly. What it means— This is where people who are not in ...