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 – April 22 2024
In Moderated Q&A, Fed Chair Powell Tells Audience It Might Take Longer to Tame Inflation… Powell noted that while inflation had declined significantly since last year, recent data have not given the ...
Week In Review – March 25 2024
The Federal Open Market Committee Issued Its Monetary Policy Statement and Held Rates Steady at 5.50%… After the announcement, the future probability of a rate cut rose to 67%. What it means— Did ...
Week In Review – January 23 2024
Retail Sales Jumped 5.6% Last Year, Were Well Above Inflation at 3.4%… A strong holiday season ended the year with sales up 0.6%. What it means— The good news is that while consumers have soured on ...
Week In Review – December 27 2023
Personal Consumption Expenditures Index Dropped 0.1% in November, First Decline in More Than Three Years… Annual Personal Consumption Expenditure (PCE) growth slowed to 2.6%, the lowest rate in over ...