Fed Raised Overnight Rate by 0.75% and Might Do it Again ... The central bankers raised the federal funds rate (FFR) from a range of 0.75%–1.00% to a range of 1.5%–1.75%. What it means— With ...
Week In Review – March 7 2022
The U.S. Economy Created 678,000 Jobs in February... The Bureau of Labor Statistics revised the December and January numbers higher by a total of 92,000 jobs. The unemployment rate dropped from 4% to ...
Week In Review – January 24 2022
Nasdaq Enters Correction Territory, Off More Than 10% from Recent Highs... All three major stock indices are lower for the year. What it means— The Fed still weighs heavily on the markets, as ...
Week In Review – August 18 2021
Consumer Prices Rose 0.5% Last Month and 5.4% Over the Last Year… The monthly inflation gain eased from the 0.9% pace in June, but annual inflation remained stubbornly high, at the same rate as last ...
Week In Review – March 22 2021
Federal Reserve Plans to Hold Steady for Years… At their regularly scheduled meeting this week, the central bankers agreed to hold monetary policy steady and for the majority forecast rates to remain ...