The U.S. Created 263,000 Jobs in September… The unemployment rate fell slightly, to 3.5%. What it means— That’s not what investors wanted. A weak jobs report would have supported the notion of a ...
Week In Review – October 3 2022
The Bank of England (BoE) Intervenes to Buy U.K. Government Bonds… After the British pound sterling fell to its lowest level since 1792 and U.K. government bond yields marched higher, the BoE bought ...
Week In Review – September 26 2022
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— ...