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 – 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 ...
Week In Review – March 21 2022
The Federal Reserve Raised Rates by 0.25%... The central bankers forecast that they will raise rates six more times this year, bringing the federal overnight funds rate close to 2%. What it means— ...
Week In Review – February 22 2022
Russia Removes a Few Troops from the Ukrainian Border…or Did They?... After massing more than 100,000 troops along the Ukrainian border in what looked like preparations for war, Russia announced that ...
Week In Review – January 17 2022
Consumer Prices Rose 0.5% Last Month and Are Up 7% Over Last Year… This is the highest reading since 1982. Core inflation, excluding food and energy, rose 0.6% last month and is up 5.5% over last ...