Consumer Prices Jumped 1% Last Month and Are Up 8.6% Over Last Year... Inflation came in hotter than expected and reached the highest level since December 1981. What it means— Base effect? What ...
Week In Review – May 16 2022
Inflation Dipped, But Not Much...The Consumer Price Index eased 0.2%, from 8.5% to 8.3%, less than the expected 0.4% drop. What it means— Fed Chair Powell gave the markets a shot in the arm last ...
Week In Review – April 27 2022
Russia Began Offensive in Donbas... Russian troops began a long-anticipated push into the Donbas region of Ukraine, taking the war to the next level. What it means— Americans and Western allies are ...
Week In Review – April 11 2022
Fed Minutes Show Bankers Likely to Reduce Balance Sheet by $95 Billion per Month, Starting in May... The minutes from the March FOMC meeting reflected consensus on letting almost $100 billion in bonds ...
Week In Review – March 28 2022
Federal Reserve Chair Powell Said Central Bank Stands Ready to Raise Rates by 0.50% if Necessary... In remarks about fighting inflation, Powell noted that the bankers will do whatever is necessary, ...