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 – June 20 2023
The Federal Reserve Held Rates Steady but Warned of Further Rate Hikes…The central bankers left the overnight rate in a range of 5% to 5.25% but suggested they will raise rates later this year if ...
Week In Review – February 27 2023
Federal Reserve Minutes Show Resolve To Raise Rates… The minutes from the last meeting revealed that a majority of the voting members favor pushing rates over 5%, with a third of them advocating for ...
Week In Review- February 20 2023
Consumer Prices Up 0.5% Last Month and 6.4% for the Year… The U.S. Bureau of Labor Statistics reported that prices rose a bit more than expected last month, with shelter prices up 7.9% over the ...
Week In Review – February 13 2023
Chair Powell to the Markets: ‘I Really Mean It’ … At the Economic Club of Washington, D.C., Fed Chair Powell said the Federal Open Market Committee members think that they need to increase rates more ...