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Financial News for the Week of January 6th, 2023
Financial News Highlights The labor market cooled modestly in December, with 223k new jobs added and the unemployment rate ticking back down to 3.5%. The House of Representatives failed to elect a…
Financial News for the Week of December 16th, 2022
Financial News Highlights The FOMC downshifted its tightening race in December, raising the policy rate by 50-bps, bringing the operating band to 4.25%-4.5%. The FOMC’s Summary of Economic Projections showed a less optimistic…
Financial News for the Week of December 9th, 2022
Highlights Somewhat unexpectedly, the ISM services index accelerated in November, with the business activity sub-index expanding to a level last seen in 2021. The services sector continues to struggle with elevated…