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 6 2022
The U.S. Economy Added 390,000 Jobs in May... The jobs growth beat the consensus estimate of 320,000. The unemployment rate remained steady at 3.6%. Weaker data may arrive soon as technology companies ...
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 18 2022
Inflation Reaches 8.5%, Highest in More Than 40 Years... Core inflation, excluding food and energy, rose to 6.5%. What it means— A number above 8% was expected. Investors took the report as better ...
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 ...