Consumer Prices Up 0.4% Last Month, Up 4.9% Over Last Year… Per the Consumer Price Index (CPI), core consumer prices, excluding food and energy, rose 0.4% last month and were up 5.5% over the last ...
Week In Review – April 24 2023
March Existing Home Sales Down 2.4% From February, Down 22% Over Last Year… Existing home sales fell more than expected, as mortgage rates inched higher and supply remained low. What it means— It’s ...
Week In Review – April 3 2023
The Personal Consumption Expenditures Index (PCE) Rose 0.3% in February, 0.1% Less Than Expected… The rise in prices was half that of January, 0.6%, and the year-over-year rate fell from 5.3% to ...
Week In Review – March 20 2023
Silicon Valley Bank and Signature Bank Fail, Federal Reserve and Federal Deposit Insurance Corporation Respond with Unlimited Deposit Insurance… The central bank board and regulatory board deemed the ...
Week In Review – March 6 2023
Fedspeak Weighs on Markets in Both Directions… On Wednesday morning, Minneapolis Federal Reserve President Neel Kashkari said that he is open to raising his terminal rate estimate above 5.4%. On ...