Federal Reserve Raises Rates 0.50%, Promises More Rate Hikes on the Way… The central bank reiterated its intention to raise rates in 2023, thereby weighing on economic growth. What it means— It’s ...
Week In Review – December 5 2022
The U.S. Economy Created 263,000 Jobs in November, Unemployment Was Unchanged at 3.7%…The jobs number came in solidly above the 200,000 estimate. What it means— Well, that’s going to leave a mark ...
Week In Review – November 21 2022
Retail Sales Exceeded Expectations, Fed Governors Reiterated Rates Would Be Higher for Longer… Kansas City, MO, Federal Reserve President Esther George said that it was unlikely the central bank could ...
Week In Review – November 16 2022
Inflation Came in a Little Light in October, Up 0.4% Instead of 0.6%… The annual inflation rate eased from 8.2% to 7.7%, less than the expected 7.9%. This was the lowest inflation reading since ...
Week In Review – October 17 2022
Consumer Prices Up 0.4% in September, up 8.2% Over Last Year… Core inflation excluding food and energy rose 6.6% over last year. What it means— Headline inflation dropped again in September, but ...