Fed Minutes of April-May Meeting Show Bankers Willing To Raise Rates… The bankers noted that while inflation had eased, it wasn’t making much progress toward the Fed’s 2% goal. What It Means— ...
Week In Review – May 20 2024
Consumer Price Index Up 0.3% Last Month, Up 3.4%Over Last Year… While still well above the Fed’s 2% target, inflation appears to be falling slowly. What it means— This is where people who are not in ...
Week In Review – May 6 2024
U.S. Economy Created 175,000 Jobs in April…The unemployment rose to 3.9%. What it means— Break out the champagne glasses, but don’t pour it yet. The lower jobs numbers and higher ...
Week In Review – April 22 2024
In Moderated Q&A, Fed Chair Powell Tells Audience It Might Take Longer to Tame Inflation… Powell noted that while inflation had declined significantly since last year, recent data have not given the ...
April 16 2024
The Consumer Price Index Rose 0.4% Last Month, 0.1%More Than the 0.3% Estimate… The Consumer Price Index (CPI) rose 3.5% for the year. What it means— Inflation sucks. It seems like just a year or ...