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 21 2023
Minutes of Last Federal Reserve Meeting Show Dovish and Hawkish Tones… The minutes suggested that the central bankers stand ready to raise rates again but are cognizant that their previous efforts ...
Week In Review – July 31 2023
Federal Reserve Raises Rates 0.25%, to a Range of 5.25% to 5.50%… The Federal Open Market Committee (FOMC) did what everyone expected, raising rates by 0.25% and declaring that they are data ...
Week In Review – July 10 2023
Federal Reserve Chair Jay Powell Tells Financial Stability Conference Audience That Interest Rates Are not in Balance yet… Powell told the audience that as the Fed raises rates, the risk of overdoing ...
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 ...