Initial Jobless Claims Fall to 547,000… For the second consecutive week, less than 600,000 people filed for initial jobless benefits. What it means— Before the pandemic, the record high for initial ...
Week In Review – April 19 2021
Federal Reserve Chair Powell Provided Guidance, Will Taper Bond Purchases Before Raising Rates… When speaking to the Economic Club of Washington about reducing bond purchases, Powell said, “That would ...
Week In Review – April 12 2021
The Federal Reserve Will Hold Monetary Policy Steady for ‘Some Time’… The bankers noted that the economy is rebounding faster than expected and inflation will likely top the 2% target this year, but ...
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 – March 22 2021
Federal Reserve Plans to Hold Steady for Years… At their regularly scheduled meeting this week, the central bankers agreed to hold monetary policy steady and for the majority forecast rates to remain ...