The Federal Reserve Held Rates Steady but Opened the Door to Another Hike This Year… The Fed Monetary Policy Statement noted that the economy remains strong and unemployment remains low. It also ...
Archives for September 2023
Week In Review – September 18 2023
The Consumer Price Index Popped Up From 3.2% to 3.7%, Led Mostly by Energy… Investors took the increase in a non-core category as a good sign. What it means— We’re not sold. Over the past 15 ...
Week In Review – September 12 2023
The ISM Survey Index Increased From 52.7% to 54.5% in the Past Month… This is the eighth straight month of gains in the service industries. What it means— Service industries are the thing, and they ...
Week In Review – September 4 2023
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 ...