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 – June 20 2022
Fed Raised Overnight Rate by 0.75% and Might Do it Again ... The central bankers raised the federal funds rate (FFR) from a range of 0.75%–1.00% to a range of 1.5%–1.75%. What it means— With ...
Week In Review – March 7 2022
The U.S. Economy Created 678,000 Jobs in February... The Bureau of Labor Statistics revised the December and January numbers higher by a total of 92,000 jobs. The unemployment rate dropped from 4% to ...
Week In Review – January 24 2022
Nasdaq Enters Correction Territory, Off More Than 10% from Recent Highs... All three major stock indices are lower for the year. What it means— The Fed still weighs heavily on the markets, as ...
Week In Review – August 18 2021
Consumer Prices Rose 0.5% Last Month and 5.4% Over the Last Year… The monthly inflation gain eased from the 0.9% pace in June, but annual inflation remained stubbornly high, at the same rate as last ...