Inflation Jumps to 9. 1%... Core inflation, excluding food and energy, dipped 0.1% to 5.9% over the same time last year. What it means— Higher prices were reported in almost every category, but the ...
Week In Review – July 4 2022
Fed Chair Powell Says Defeating Inflation More Important Than Staving Off Recession... In a panel discussion with European bankers, Powell identified price stability as the biggest threat to the U.S. ...
Week In Review – May 24 2022
The Fed Is Willing To Push Unemployment Higher To Fight Inflation... In an interview with the Wall Street Journal, Fed Chair Powell reiterated that the central bank is committed to lowering inflation, ...
Week In Review – May 16 2022
Inflation Dipped, But Not Much...The Consumer Price Index eased 0.2%, from 8.5% to 8.3%, less than the expected 0.4% drop. What it means— Fed Chair Powell gave the markets a shot in the arm last ...
Week In Review – April 18 2022
Inflation Reaches 8.5%, Highest in More Than 40 Years... Core inflation, excluding food and energy, rose to 6.5%. What it means— A number above 8% was expected. Investors took the report as better ...