The Federal Reserve Will Hold Monetary Policy Steady for ‘Some Time’… The bankers noted that the economy is rebounding faster than expected and inflation will likely top the 2% target this year, but ...
Week In Review – March 8 2021
The U.S. Economy Created 379,000 Jobs in February… The unemployment rate dropped one tick, from 6.3% to 6.2% . What it means— The big gains were in the private sector, which added 465,000 jobs ...
Week In Review – March 1 2021
Fed Chair Powell Says Central Bank Will Stay the Course… In his testimony to Congress, Powell said that the central bankers want to see substantial progress in the labor market and inflation near its ...
Week In Review – December 21 2020
Initial Jobless Claims Jump Again, From 862,000 to 885,000… Initial jobless claims moved the wrong direction again, missing forecasts of a 44,000 drop and instead rising by 23,000. What it means— ...
Week In Review – November 9 2020
Joe Biden Edges Closer to Victory, but the GOP Likely Held the Senate… If current trends hold, it will be the third time in 50 years that an incumbent lost his bid for reelection, but this time voters ...