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 ...
Week In Review – June 12 2023
Initial Jobless Claims Jumped 28,000 to Two-Year High of 261,000… More than 11,000 of the increase was in just two states, California, and Ohio. What it means— With tech company layoffs, California ...
Week In Review – May 30 2023
Debt Ceiling Kabuki Theater Continues with Congressional House and Presidential Administration Negotiators Reportedly Close to a Deal, but it’s not Finalized… Media outlets claim the two sides are ...
Week In Review – May 22 2023
Stocks Advanced this week on Debt Ceiling Talks and Regional Bank Stability… President Biden cut his trip to Asia short to attend the debt ceiling talks, and some regional banks reported expanded ...
Week In Review – May 16 2023
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 ...