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 ...
Week In Review – April 4 2022
The U.S. Economy Created 431,000 Jobs in March... The unemployment rate fell to 3.6%. What it means— The jobs number missed by 60,000, but the January and February totals were revised higher by ...
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, ...
Week In Review – March 21 2022
The Federal Reserve Raised Rates by 0.25%... The central bankers forecast that they will raise rates six more times this year, bringing the federal overnight funds rate close to 2%. What it means— ...