Consumer Prices Rose 0.6% Last Month and 5% Over the Past Year… Core inflation rose 0.7% for the month, 0.1% more than headline inflation and 3.8% over last year. What it means— Cars were the ...
Week In Review – June 1 2021
Fed Governors Say It’s Almost Time for Talking About Tapering… In several speeches, different Federal Reserve governors noted that the pace of economic growth would lead to discussions on tapering ...
Week In Review – May 24 2021
Federal Reserve Minutes Spook the Markets… The Federal Reserve released the minutes from its April meeting. While the bankers appeared to take a balanced view of the economy, already-nervous investors ...
Week In Review – May 3 2021
First-Quarter GDP Up 6.4%… This was the second-fastest GDP growth since 2003, trailing only the third quarter of last year after the disastrous second quarter of 2020. What it means— The median ...
Week In Review – April 12 2021
The Federal Reserve Will Hold Monetary Policy Steady for ‘Some Time’… The bankers noted that the economy is rebounding faster than expected and inflation will likely top the 2% target this year, but ...