Fed Chair Powell Tells Congress Inflation Will Pass… In his regularly scheduled testimony, Powell reiterated that the current inflation is transitory and does not require monetary tightening. What ...
Week In Review – June 1 2021
Fed Governors Say It’s Almost Time for Talking About Tapering… In several speeches, different Federal Reserve governors noted that the pace of economic growth would lead to discussions on tapering ...
Week In Review – May 3 2021
First-Quarter GDP Up 6.4%… This was the second-fastest GDP growth since 2003, trailing only the third quarter of last year after the disastrous second quarter of 2020. What it means— The median ...
Week In Review – March 1 2021
Fed Chair Powell Says Central Bank Will Stay the Course… In his testimony to Congress, Powell said that the central bankers want to see substantial progress in the labor market and inflation near its ...
Week In Review – December 29 2020
Trump Threatens To Veto Stimulus Bill… Congress took almost six months to develop and agree to a new round of stimulus spending. President Trump put it in jeopardy in four minutes. What it means— ...