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 – February 1 2022
Fed Makes it Official: Expect Higher Rates Starting in March... The Federal Reserve announced it intends to start raising interest rates at the March meeting and will end its bond buying at the same ...
Week In Review – November 2 2021
GDP Growth Slowed to 2% in Third Quarter… After expanding at a 6.7% annualized rate in the second quarter, GDP growth slowed dramatically. What it means— The actual number split the difference ...
Week In Review – October 18 2021
Federal Reserve Meeting Minutes Show Broad Support for Taper… The minutes of the September meeting suggests the central bank reduce bond purchases starting in mid-November. What it means— The ...
What is the most important driver of economic growth in the United States?
The most common way to measure economic output is Gross Domestic Product or GDP. It’s the value of all goods and services produced in our country over a specific period of time. GDP is a combination ...