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 ...
Week In Review – December 19 2022
Federal Reserve Raises Rates 0.50%, Promises More Rate Hikes on the Way… The central bank reiterated its intention to raise rates in 2023, thereby weighing on economic growth. What it means— It’s ...
Week In Review – November 16 2022
Inflation Came in a Little Light in October, Up 0.4% Instead of 0.6%… The annual inflation rate eased from 8.2% to 7.7%, less than the expected 7.9%. This was the lowest inflation reading since ...