Federal Open Market Committee Members Show Confusion Over Direction… During House testimony, Fed Chair Powell and several other members of the Federal Open Market Committee (FOMC) indicated in ...
Archives for June 2023
Week In Review – June 20 2023
The Federal Reserve Held Rates Steady but Warned of Further Rate Hikes…The central bankers left the overnight rate in a range of 5% to 5.25% but suggested they will raise rates later this year if ...
Week In Review – June 12 2023
Initial Jobless Claims Jumped 28,000 to Two-Year High of 261,000… More than 11,000 of the increase was in just two states, California, and Ohio. What it means— With tech company layoffs, California ...
Week In Review – June 5 2023
U.S. Economy Created 339,000 Jobs in May, even as the Unemployment Rate Rose From 3.4% to 3.7%… The labor force participation rate and employment-population ratio were little changed, at 62.6% and ...