July Federal Reserve Meeting Shows Bankers Set on Raising Rates but More Cautious… The minutes included language that suggested the bankers were watchful of overshooting by raising rates too much, but ...
Week In Review – August 8 2022
The U.S. Economy Created 528,000 Jobs in July… The U.S. Bureau of Labor Statistics reported that the economy created twice as many jobs as expected last month and that the unemployment rate dropped to ...
Week In Review – July 18 2022
Inflation Jumps to 9. 1%... Core inflation, excluding food and energy, dipped 0.1% to 5.9% over the same time last year. What it means— Higher prices were reported in almost every category, but the ...
Week In Review – July 4 2022
Fed Chair Powell Says Defeating Inflation More Important Than Staving Off Recession... In a panel discussion with European bankers, Powell identified price stability as the biggest threat to the U.S. ...
Week In Review – June 20 2022
Fed Raised Overnight Rate by 0.75% and Might Do it Again ... The central bankers raised the federal funds rate (FFR) from a range of 0.75%–1.00% to a range of 1.5%–1.75%. What it means— With ...