Spending
Financial News for the Week of December 10, 2021
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK • Consumer prices continued to accelerate in November. On year-on-year basis, headline CPI was up 6.8% (from 6.2% previously), the highest in nearly forty years in financial news. Core inflation (ex. food and…
Financial News for the Week of December 3, 2021
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK • The ISM manufacturing index showed signs of easing supply chain conditions in financial news. Supplier delivery times shortened while production, employment and new orders indexes all increased. • This week’s…
Financial News for the Week of November 26, 2021
FINANCIAL NEWS HIGHLIGHTS OF THE WEEK • President Biden removed months of speculation by announcing his nomination of current Fed Chair Jerome Powell for a second term to head the Central Bank. He will be joined by Governor Brainard who the…