Consumers Prices Remained Flat in July, Annual CPI Dipped From 9.1% to 8.5%… The Labor Department reported that the inflation rate fell from a 41-year high last month. Core prices excluding food and ...
Week In Review – August 2 2022
The Federal Reserve Raised the Overnight Federal Funds Rate to a Range of .25% to 2.50%… Investors expected the move and the monetary policy statement didn’t change much, but the markets soared after ...
Week In Review – July 25 2022
Existing Home Sales Fell 5.4% in June, Are Down 14.2% Over Last Year… Sales dipped to an annualized rate of 5.12 million, the lowest since June 2020. Excluding the pandemic, it was the lowest sales ...
Week In Review – July 18 2022
Inflation Jumps to 9. 1%... Core inflation, excluding food and energy, dipped 0.1% to 5.9% over the same time last year. What it means— Higher prices were reported in almost every category, but the ...
Week In Review – July 11 2022
U.S. Economy Created 372,000 Jobs in June, Well Above the 250,000 Estimate... The unemployment rate remained steady at 3.6%. What it means— The labor market is the big caveat in the economy. If ...