The Bank of England (BoE) Intervenes to Buy U.K. Government Bonds… After the British pound sterling fell to its lowest level since 1792 and U.K. government bond yields marched higher, the BoE bought ...
Week In Review – September 19 2022
Inflation Increases by 0.1% Instead of Falling Slightly as Expected… The monthly inflation rate increased, but the annual inflation rate eased from 8.5% to 8.3% while the core annual inflation rate ...
Week In Review – August 22 2022
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 – August 2 2022
The Federal Reserve Raised the Overnight Federal Funds Rate to a Range of .25% to 2.50%… Investors expected the move and the monetary policy statement didn’t change much, but the markets soared after ...