The Federal Reserve Held Overnight Rates in a Range of 5.25% to 5.50%... The Federal Open Market Committee (FOMC) held rates steady and gave no strong hints as to when rates would drop. What it ...
Week In Review – May 6 2024
U.S. Economy Created 175,000 Jobs in April…The unemployment rose to 3.9%. What it means— Break out the champagne glasses, but don’t pour it yet. The lower jobs numbers and higher ...
April 16 2024
The Consumer Price Index Rose 0.4% Last Month, 0.1%More Than the 0.3% Estimate… The Consumer Price Index (CPI) rose 3.5% for the year. What it means— Inflation sucks. It seems like just a year or ...
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 – February 12 2024
Federal Reserve Chair Jerome Powell Gives Interview on Television Show 60 Minutes… Powell discussed where we are in the monetary cycle and the forecasts of the voting members of the Federal Open ...