The Personal Consumption Expenditures Index (PCE) Rose 0.3% in February, 0.1% Less Than Expected… The rise in prices was half that of January, 0.6%, and the year-over-year rate fell from 5.3% to ...
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 – 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 ...
Week In Review- February 20 2023
Consumer Prices Up 0.5% Last Month and 6.4% for the Year… The U.S. Bureau of Labor Statistics reported that prices rose a bit more than expected last month, with shelter prices up 7.9% over the ...
Week In Review – January 16 2023
Consumer Prices Fell 0.1% Last Month and Are Up 6.5% Over the Last Year…The numbers were right in line with expectations. What it means— The cost of goods fell, led lower by gasoline, while prices ...