The Federal Reserve Raised the Overnight Rate 0.25% to a Range of 4.75% to 5%… The Federal Open Market Committee (FOMC) removed the language about additional rate hikes from the monetary policy ...
Week In Review – March 20 2023
Silicon Valley Bank and Signature Bank Fail, Federal Reserve and Federal Deposit Insurance Corporation Respond with Unlimited Deposit Insurance… The central bank board and regulatory board deemed the ...
Week In Review – March 15 2023
The U.S. Economy Created 311,000 Jobs in February… The unemployment rate edged up from 3.4% to 3.6%, while the labor force participation rate remained steady at 62.5%. What it means— The jobs gain ...
Week In Review – March 6 2023
Fedspeak Weighs on Markets in Both Directions… On Wednesday morning, Minneapolis Federal Reserve President Neel Kashkari said that he is open to raising his terminal rate estimate above 5.4%. On ...
Week In Review – February 27 2023
Federal Reserve Minutes Show Resolve To Raise Rates… The minutes from the last meeting revealed that a majority of the voting members favor pushing rates over 5%, with a third of them advocating for ...