Category Archives: Economic News

The Federal Reserve Open Market Committee raised the Fed funds rate today by 0.50%, to a range of 4.25-4.50%. The vote was unanimous, and marks a downshift from a pace of four straight 0.75% hikes. The formal statement language was … Continue reading →

Economic Update 12-12-2022 

Economic Update 12-05-2022 

Economic Update 11-28-2022 

Economic Update 11-21-2022 

Economic Update 11-16-2022 

Economic Update 11-07-2022 

The Federal Reserve Open Market Committee raised the fed funds rate today by another 0.75%, from 3.00-3.25% to 3.75-4.00%. The vote was unanimous, with no dissents. The formal statement language was hardly changed except for the addition of two lines, … Continue reading →

Economic Update 10-24-2022