Federal Open Market Committee Members Show Confusion Over Direction… During House testimony, Fed Chair Powell and several other members of the Federal Open Market Committee (FOMC) indicated in ...
Week In Review – May 22 2023
Stocks Advanced this week on Debt Ceiling Talks and Regional Bank Stability… President Biden cut his trip to Asia short to attend the debt ceiling talks, and some regional banks reported expanded ...
Week In Review – April 24 2023
March Existing Home Sales Down 2.4% From February, Down 22% Over Last Year… Existing home sales fell more than expected, as mortgage rates inched higher and supply remained low. What it means— It’s ...
Week In Review – March 27 2023
The Federal Reserve Raised the Overnight Rate 0.25% to a Range of 4.75% to 5%… The Federal Open Market Committee (FOMC) removed the language about additional rate hikes from the monetary policy ...
Week In Review – November 21 2022
Retail Sales Exceeded Expectations, Fed Governors Reiterated Rates Would Be Higher for Longer… Kansas City, MO, Federal Reserve President Esther George said that it was unlikely the central bank could ...