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 ...
Week In Review – September 26 2023
The Federal Reserve Held Rates Steady but Opened the Door to Another Hike This Year… The Fed Monetary Policy Statement noted that the economy remains strong and unemployment remains low. It also ...