The Federal Reserve Held Rates Steady but Opened the Door to Another Hike This Year… The Fed Monetary Policy Statement noted that the economy remains strong and unemployment remains low. It also ...
Week In Review – August 28 2023
Kansas City Federal Reserve Economic Policy Symposium Kicks Off Today in Jackson Hole, WY… Central bankers from around the world gathered this week to discuss policy. Fed Chair Jay Powell delivered ...
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 24 2023
Consumer Sales Up a Modest 0.2% in June… Forecasters expected retail sales to expand 0.5%. What it means— Retail sales dropped at gas stations, which is good for consumers, but even without that, ...