U.S. Economy Created 266,000 Jobs in April, Well Below Forecast… Analysts forecast that the economy would create more than one million jobs. The unemployment rate ticked up slightly from 6.0% to ...
Week In Review – May 3 2021
First-Quarter GDP Up 6.4%… This was the second-fastest GDP growth since 2003, trailing only the third quarter of last year after the disastrous second quarter of 2020. What it means— The median ...
Week In Review – April 19 2021
Federal Reserve Chair Powell Provided Guidance, Will Taper Bond Purchases Before Raising Rates… When speaking to the Economic Club of Washington about reducing bond purchases, Powell said, “That would ...
Week In Review – April 12 2021
The Federal Reserve Will Hold Monetary Policy Steady for ‘Some Time’… The bankers noted that the economy is rebounding faster than expected and inflation will likely top the 2% target this year, but ...
Week In Review – April 5 2021
The U.S. Economy Created 916,000 Jobs in March… The unemployment rate dipped from 6.2% to 6.0%. What it means— That’s a lot of jobs. With the upward revisions to the January (+67,000) and February ...