Consumer Price Index up 0.3% in December, up 3.4% Over Last Year… Core inflation rose 0.3% over the month and 3.9% for the year. What it means— Consumers are ticked off. While average weekly ...
Week In Review – January 8 2024
U.S. Economy Added 216,000 Jobs in December, Unemployment Remained at 3.7%… The number of jobs created beat the consensus of 170,000. What it means— Don’t be distracted by the headline jobs ...
Week In Review – December 27 2023
Personal Consumption Expenditures Index Dropped 0.1% in November, First Decline in More Than Three Years… Annual Personal Consumption Expenditure (PCE) growth slowed to 2.6%, the lowest rate in over ...
Week In Review – December 18 2023
The Federal Reserve Held the Overnight Rate to a Range of 5.25% to 5.50% and Signaled Rates Will Go Lower Next Year… The all-important “dot plot” showed the consensus for the overnight rate at the end ...
Week In Review – December 11 2023
The U.S. Economy Created 199,000 Jobs in November, up from 150,000 in October… The unemployment rate dipped from 3.9% to 3.7%. What it means— Investors are scratching their heads to make sense of ...