The Federal Open Market Committee Issued Its Monetary Policy Statement and Held Rates Steady at 5.50%… After the announcement, the future probability of a rate cut rose to 67%. What it means— Did ...
Archives for March 2024
Week In Review – March 19 2024
Consumer Price Index Rose 0.4% in February, Was Up 3.2% Over the Last Year… The core Consumer Price Index (CPI), excluding food and energy, fell to 3.8%, but it was higher than the forecast of ...
Week In Review – March 11 2024
The U.S. Economy Created 275,000 Jobs in February, Well Above the 200,000 Estimate…Unemployment ticked up from 3.7% to 3.9%. What it means— Did we really create 275,000 jobs? Who knows? While ...
Week In Review – March 4 20204
Personal Consumption Expenditures Index Rose 0.3% in January… Excluding food and energy, the Personal Consumption Expenditures Index (PCE) rose 0.4%. What it means— Trailing energy prices gave ...