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 – June 13 2022
Consumer Prices Jumped 1% Last Month and Are Up 8.6% Over Last Year... Inflation came in hotter than expected and reached the highest level since December 1981. What it means— Base effect? What ...
Week In Review – May 24 2022
The Fed Is Willing To Push Unemployment Higher To Fight Inflation... In an interview with the Wall Street Journal, Fed Chair Powell reiterated that the central bank is committed to lowering inflation, ...
Week In Review – April 18 2022
Inflation Reaches 8.5%, Highest in More Than 40 Years... Core inflation, excluding food and energy, rose to 6.5%. What it means— A number above 8% was expected. Investors took the report as better ...
Week In Review – March 21 2022
The Federal Reserve Raised Rates by 0.25%... The central bankers forecast that they will raise rates six more times this year, bringing the federal overnight funds rate close to 2%. What it means— ...