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 ...
Archives for April 2021
Week In Review – April 19 2021
Federal Reserve Chair Powell Provided Guidance, Will Taper Bond Purchases Before Raising Rates… When speaking to the Economic Club of Washington about reducing bond purchases, Powell said, “That would ...
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 – April 5 2021
The U.S. Economy Created 916,000 Jobs in March… The unemployment rate dipped from 6.2% to 6.0%. What it means— That’s a lot of jobs. With the upward revisions to the January (+67,000) and February ...