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 ...
Week In Review – November 27 2023
Federal Reserve Released Minutes From Latest Meeting… Central bankers emphasized caution and holding rates higher for longer than in the past. What it means— Nothing; it means nothing. The minutes ...
Week In Review – October 24 2023
Eleven Central Bankers Spoke This Week… And one more will speak today. The onslaught of Fed presidents and governors give investors more views to consider, as the next Federal Reserve Monetary Policy ...