Investors Study Fed Comments at Central Bank Symposium… Fed Chair Jay Powell made the opening comments at the event, which in the past has served as the venue for announcing major policy ...
Week In Review – August 23 2021
Fed Minutes of July Meeting Show Consensus for Tapering This Year, Sending Markets Lower… The minutes from the last Federal Reserve meeting at the end of July showed a broad agreement among the ...
Week In Review – August 9 2021
The U.S. Economy Created 943,000 Jobs in July… Also, the U.S. Bureau of Labor Statistics revised the jobs numbers for May and June higher by a total of 119,000 and the unemployment rate fell from 5.9% ...
Week In Review – August 2 2021
The Federal Reserve Held Monetary Policy Steady… The central bankers announced that they will hold rates at 0% to 0.25% and continue to purchase $120 billion in bonds each month. What it means— No ...
Week In Review – July 26 2021
Equities Sell Off, Then Bounce Back… On Monday, U.S. equities had their worst day since October 2020, but they reversed course on Tuesday and have continued marching higher throughout the ...