Category Archives: Economic News

The Federal Reserve Open Market Committee raised the Fed funds rate today by 0.25% to a new range of 5.25-5.50%. The vote was unanimous. Starting from zero in March 2022, this 11th hike continued the quickest and strongest hiking pace … Continue reading →

Economic Update 7-24-2023  U.S. stocks were mixed last week, with continued positive sentiment from the prior week’s better inflation readings and optimism about potential avoidance of a recession—seen by improved outlooks from some prominent economists. However, in earnings season, results … Continue reading →

Economic Update 7-18-2023  In the midst of slower summer volume, U.S. stocks gained last week, as falling consumer and producer inflation boosted investor spirits. The key factor, of course, is the impact on the economy, as well as the lower … Continue reading →

Economic Update 7-10-2023 

Economic Update 6-20-2023 

Economic Update 6-12-2023  U.S. stocks earned minor gains last week, with little economic news but enthusiasm over the potential benefits of AI as well as an expected pause by the Fed next week seemingly leading the mildly positive sentiment. By … Continue reading →

Economic Update 6-05-2023 

Economic Update 5-30-2023 

Economic Update 5-23-2023 

Economic Update 5-01-2023 

Economic Update 4-26-2023