Industrial Production Down 1.3%… Factory, mining, and utility production fell in September, missing the consensus estimate for a 0.2% gain. What it means — The decline marked the biggest drop since ...
Week In Review – October 18 2021
Federal Reserve Meeting Minutes Show Broad Support for Taper… The minutes of the September meeting suggests the central bank reduce bond purchases starting in mid-November. What it means— The ...
Week In Review – October 11 2021
The U.S. Economy Created 194,000 Jobs in September, Widely Missing the Estimate of 500,000…The unemployment rate fell from 5.1% to 4.8%, as fewer people participated in the labor force. What it ...
Central banks have a lot of influence on investors, markets and economies.
For the last year or so, the Federal Reserve has been purchasing $120 billion of bonds every month to ensure United States markets remained liquid and interest rates remained low during the pandemic. ...
Week In Review – August 30 2021
Investors Study Fed Comments at Central Bank Symposium… Fed Chair Jay Powell made the opening comments at the event, which in the past has served as the venue for announcing major policy ...