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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…
Financial News for the Week of October 27th, 2023
Financial News Highlights The 10-year Treasury yield briefly surpassed 5% earlier this week in financial news. Though yields have since retraced, the 10-year looks to end the week at a still elevated…
Financial News for the Week of October 20th, 2023
Financial News Highlights Treasury yields continued their steep ascent this week, amidst a heavy week for Fed speakers in financial news. FOMC members broadly agreed that positive progress had been made…
Financial News for the Week of October 13th, 2023
Financial News Highlights U.S. bond yields retreated from highs reached last week, as heightened geopolitical risks in the Middle East boosted investors demand for safe haven assets in financial news.…
Financial News for the Week of October 6th, 2023
Financial News Highlights And just like that, the Fed’s short-lived pause is likely done after a bevy of positive economic data show an incredibly resilient economy in financial news. This morning’s payrolls…
Financial News for the Week of September 29th, 2023
Financial News Highlights Revisions to GDP data left Q2 growth unchanged, but consumer spending growth was cut in half in financial news. Monthly consumer spending data showed that following at strong gain in July,…
Financial News for the Week of September 22nd, 2023
Financial News Highlights The Federal Reserve held rates unchanged at its September meeting, but updated projections showed that the median FOMC member expects rates to remain above 5% through 2024, reinforcing the…
Financial News for the Week of September 15th, 2023
Financial News Highlights The third quarter is shaping up to be the strongest of the year for the U.S. economy, with GDP tracking 3.7% q/q (annualized). The August reading of CPI showed inflationary pressures accelerated…
Financial News for the Week of September 8th, 2023
Financial News Highlights Hard economic data was thin on the ground over the Labor Day shortened week, with survey indicators and Fed speakers grabbing attention. A slew of Federal Reserve speakers hint that the central…
Financial News for the Week of September 1st, 2023
Financial News Highlights The U.S. economy added 187k jobs in August, but revisions to the two prior months subtracted a notable 110k jobs…