Federal Reserve Plans to Hold Steady for Years… At their regularly scheduled meeting this week, the central bankers agreed to hold monetary policy steady and for the majority forecast rates to remain ...
Archives for March 2021
Week In Review – March 15 2021
U.S. Passes $1.9 Trillion Relief Package… President Joe Biden signed the American Rescue Plan into law Thursday. What it means— We know most of the pieces, with most Americans getting $1,400, ...
Week In Review – March 8 2021
The U.S. Economy Created 379,000 Jobs in February… The unemployment rate dropped one tick, from 6.3% to 6.2% . What it means— The big gains were in the private sector, which added 465,000 jobs ...
Thinking Of Markets – March 3 2021
Students of financial markets may have noted a historically unusual event last week. On Thursday, the yield on 10-year U.S. Treasury notes briefly matched the dividend yield for the Standard & ...
Week In Review – March 1 2021
Fed Chair Powell Says Central Bank Will Stay the Course… In his testimony to Congress, Powell said that the central bankers want to see substantial progress in the labor market and inflation near its ...