Fed Minutes of April-May Meeting Show Bankers Willing To Raise Rates… The bankers noted that while inflation had eased, it wasn’t making much progress toward the Fed’s 2% goal. What It Means— ...
Archives for May 2024
Week In Review – May 20 2024
Consumer Price Index Up 0.3% Last Month, Up 3.4%Over Last Year… While still well above the Fed’s 2% target, inflation appears to be falling slowly. What it means— This is where people who are not in ...
Week In Review – May 13 2024
Consumer Credit Rose at a 1.5% Annualized Rate, Down From 3.6% in March… First-quarter credit rose 3.2%, less than the 2.4% rate in the last quarter of 2023. What it means— Easing credit growth ...
Week In Review – May 6 2024
U.S. Economy Created 175,000 Jobs in April…The unemployment rose to 3.9%. What it means— Break out the champagne glasses, but don’t pour it yet. The lower jobs numbers and higher ...