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 ...
Week In Review – August 28 2023
Kansas City Federal Reserve Economic Policy Symposium Kicks Off Today in Jackson Hole, WY… Central bankers from around the world gathered this week to discuss policy. Fed Chair Jay Powell delivered ...
Week In Review – July 24 2023
Consumer Sales Up a Modest 0.2% in June… Forecasters expected retail sales to expand 0.5%. What it means— Retail sales dropped at gas stations, which is good for consumers, but even without that, ...
Week In Review – June 29 2023
Federal Open Market Committee Members Show Confusion Over Direction… During House testimony, Fed Chair Powell and several other members of the Federal Open Market Committee (FOMC) indicated in ...
Week In Review – May 22 2023
Stocks Advanced this week on Debt Ceiling Talks and Regional Bank Stability… President Biden cut his trip to Asia short to attend the debt ceiling talks, and some regional banks reported expanded ...