Financial News for the Week of March 1st, 2024
Financial News Highlights January’s personal and income spending report landed just where it was expected to, with the only surprise coming from a bigger than expected lift from…
Financial News for the Week of February 23rd, 2024
Financial News Highlights U.S. inflation rose more than anticipated to start the year, on a Consumer Price Index basis, largely due to greater price pressures within…
Financial News for the Week of February 16th, 2024
Financial News Highlights U.S. inflation rose more than anticipated to start the year, on a Consumer Price Index basis, largely due to greater price pressures within…
Financial News for the Week of February 9th, 2024
Financial News Highlights The ISM Services index, which was on the cusp of falling into contractionary territory in December, improved notably in January, rising 2.9 points to 53.4 in…
Financial News for the Week of February 2nd, 2024
Financial News Highlights The Federal Reserve opted to hold rates steady in their first decision of the year in order to give themselves more time to assess the…
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…