Financial News
Financial News for the Week of January 26th, 2024
Financial News Highlights The U.S. economy ended 2023 on a solid note, with GDP rising 3.3% quarter-over-quarter (annualized) – smashing expectations for a more moderate gain of 2% in…
Financial News for the Week of January 19th, 2024
Financial News Highlights Higher than expected retail sales in December suggests that consumer spending remained resilient to end the year in financial news. Several Fed governors sought…
Financial News for the Week of January 12th, 2024
Financial News Highlights An upside inflation surprise didn’t do much to move markets, as the details of the report fell in line with expectations in financial news. The focus remains…
Financial News for the Week of January 5th, 2024
Financial News Highlights Minutes from the December FOMC meeting confirmed that monetary policy was “likely at or near its peak” for this tightening cycle, but showed no meaningful discussion on rate cuts in financial…
Financial News for the Week of December 8th, 2023
Financial News Highlights The U.S. economy continued to add jobs in November, while the unemployment rate dipped, and wage growth held steady in financial news. The JOLTS data also showed a…
Financial News for the Week of December 1st, 2023
Financial News Highlights A second reading on U.S. GDP showed that the economy expanded by an even more impressive 5.2% (annualized) last quarter, a 0.3 percentage point upgrade from the…
Financial News for the Week of November 24th, 2023
Financial News Highlights Minutes from the Federal Open Market Committee (FOMC) meeting reinforced the Fed’s messaging that patience is warranted while the disinflation process is working in…
Financial News for the Week of November 17th, 2023
Financial News Highlights Consumer Price Index (CPI) inflation printed lower than expected in October, fueling a rally in equities and a sharp pullback in longer-term Treasury yields in financial…
Financial News for the Week of November 10th, 2023
Financial News Highlights The risk of a government shutdown has returned as Congress has one week left before the continuing resolution passed on September 30th expires in governmental and financial…
Financial News for the Week of November 3rd, 2023
Financial News Highlights The Federal Reserve’s policy statement took center stage this week in financial news. As expected, the Fed kept policy rates unchanged but preserved the option of hiking in the…