U.S. Economy Created 336,000 Jobs in September, far Surpassing the Estimate of 170,000… The unemployment rate remained at 3.8%. What it means— If you are a fan of the old television show “Get ...
Week In Review – August 7 2023
U.S. Economy Created 187,000 Jobs in July, Almost Exactly the Forecast of 200,000… The unemployment rate ticked a bit lower, from 3.6% to 3.5%. What it means— The jobs numbers were a nothingburger, ...
Week In Review – July 24 2023
Consumer Sales Up a Modest 0.2% in June… Forecasters expected retail sales to expand 0.5%. What it means— Retail sales dropped at gas stations, which is good for consumers, but even without that, ...
Week In Review – July 10 2023
Federal Reserve Chair Jay Powell Tells Financial Stability Conference Audience That Interest Rates Are not in Balance yet… Powell told the audience that as the Fed raises rates, the risk of overdoing ...
Week In Review – June 20 2023
The Federal Reserve Held Rates Steady but Warned of Further Rate Hikes…The central bankers left the overnight rate in a range of 5% to 5.25% but suggested they will raise rates later this year if ...