The Consumer Price Index Popped Up From 3.2% to 3.7%, Led Mostly by Energy… Investors took the increase in a non-core category as a good sign. What it means— We’re not sold. Over the past 15 ...
Week In Review – August 14 2023
Consumer Prices Rose 0.2% in July, Are Up 3.2% Over Last Year… Core inflation also rose 0.2% last month and is up 4.7% over last year. What it means— Annual inflation rose a bit last month while ...
Week In Review – July 17 2023
Consumer Price Growth Slows, Up 0.2% in June and Up 3% Over Last Year… The growth rate was less than expected, and the annual increase was the slowest rate since March 2021. What it means— ...
Week In Review – June 29 2023
Federal Open Market Committee Members Show Confusion Over Direction… During House testimony, Fed Chair Powell and several other members of the Federal Open Market Committee (FOMC) indicated in ...
Week In Review – June 20 2023
The Federal Reserve Held Rates Steady but Warned of Further Rate Hikes…The central bankers left the overnight rate in a range of 5% to 5.25% but suggested they will raise rates later this year if ...