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 ...
Week In Review – May 30 2023
Debt Ceiling Kabuki Theater Continues with Congressional House and Presidential Administration Negotiators Reportedly Close to a Deal, but it’s not Finalized… Media outlets claim the two sides are ...
Week In Review – May 16 2023
Consumer Prices Up 0.4% Last Month, Up 4.9% Over Last Year… Per the Consumer Price Index (CPI), core consumer prices, excluding food and energy, rose 0.4% last month and were up 5.5% over the last ...