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 26 2021
Initial Jobless Claims Fall to 547,000… For the second consecutive week, less than 600,000 people filed for initial jobless benefits. What it means— Before the pandemic, the record high for initial ...
Week In Review – April 12 2021
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 – February 15 2021
Oil Prices Push Inflation Up 0.3% in January… Even with the gains last month, annual inflation remained steady at 1.4%. What it means— The cost of gasoline shot up 7.4% last month, as energy prices ...
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— ...