Fed Minutes of July Meeting Show Consensus for Tapering This Year, Sending Markets Lower… The minutes from the last Federal Reserve meeting at the end of July showed a broad agreement among the ...
Week In Review – July 26 2021
Equities Sell Off, Then Bounce Back… On Monday, U.S. equities had their worst day since October 2020, but they reversed course on Tuesday and have continued marching higher throughout the ...
Week In Review – June 21 2021
The Federal Reserve Held Monetary Policy Unchanged but Noted Faster Economic Growth… The central bankers increased their GDP forecast for this year and next and moved back their estimate of when rates ...
Week In Review – May 24 2021
Federal Reserve Minutes Spook the Markets… The Federal Reserve released the minutes from its April meeting. While the bankers appeared to take a balanced view of the economy, already-nervous investors ...
Week In Review – April 19 2021
Federal Reserve Chair Powell Provided Guidance, Will Taper Bond Purchases Before Raising Rates… When speaking to the Economic Club of Washington about reducing bond purchases, Powell said, “That would ...