The U.S. Economy Created 187,000 Jobs in August… The unemployment rate rose a bit, from 3.5% to 3.8%. What it means— It’s all about the revisions this month. The U.S. Bureau of Labor Statistics ...
Week In Review – July 31 2023
Federal Reserve Raises Rates 0.25%, to a Range of 5.25% to 5.50%… The Federal Open Market Committee (FOMC) did what everyone expected, raising rates by 0.25% and declaring that they are data ...
Week In Review – July 10 2023
Federal Reserve Chair Jay Powell Tells Financial Stability Conference Audience That Interest Rates Are not in Balance yet… Powell told the audience that as the Fed raises rates, the risk of overdoing ...
Week In Review – May 30 2023
Debt Ceiling Kabuki Theater Continues with Congressional House and Presidential Administration Negotiators Reportedly Close to a Deal, but it’s not Finalized… Media outlets claim the two sides are ...
Week In Review – May 2 2023
New Home Sales Jump in March, Reach the Highest Level Since March of Last Year… March new home sales increased 9.6% over February, reaching the highest level since March 2022, but were still down 3.4% ...