Federal Reserve Raises Rates by 75 Basis Points to Range of 3% to 3.25%… The move was widely expected, but the bankers also raised their estimate of rates for this year and next year. What it ...
Week In Review – September 19 2022
Inflation Increases by 0.1% Instead of Falling Slightly as Expected… The monthly inflation rate increased, but the annual inflation rate eased from 8.5% to 8.3% while the core annual inflation rate ...
Week In Review – September 6 2022
The U.S. Economy Created 315,000 Jobs in August, as the Unemployment Rate Climbed From 3.5% to 3.7%… The June and August jobs numbers were revised lower by a total of 107,000. What it means— ...
Week In Review – August 22 2022
July Federal Reserve Meeting Shows Bankers Set on Raising Rates but More Cautious… The minutes included language that suggested the bankers were watchful of overshooting by raising rates too much, but ...
Week In Review – August 15 2022
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 ...