April 30, 2022 | Weekend JAM |
The Federal Reserve will meet on Wednesday, May 4, and raise interest rates. Fed officials, including Fed chair Jerome Powell have spent the last couple of weeks state and restating the need for an interest rate increase to combat inflation running at 8.5% (according to the Consumer Price Index.) A failure to increase interest rates would be shocking after all those “hints.” The only real questions are How big an increase? And how will stocks respond?
May 19, 2018 | Daily JAM, Short Term |
The Federal Reserve minutes from the May meeting due for release on Wednesday at 2 p.m. will be the big scheduled news item for the pre-Memorial Day week. (Unscheduled events could involve North Korea, China, Iran, the European Union, and NAFTA.)
July 29, 2015 | Daily JAM, Morning Briefing, Short Term |
The signs in today’s statement were subtle, and the Fed certainly didn’t close off the option of doing nothing at its September 17 meeting, but small tweaks in the Fed’s language all pointed to greater odds of a September increase
January 16, 2015 | Morning Briefing |
The headline Consumer Price Index measure of inflation fell 0.4% in December after a 0.3% drop in November. The core CPI came in unchanged for the month.
July 3, 2014 | Daily JAM, Morning Briefing |
In June the U.S. economy added 288,000 jobs after adding an upwardly revised 224,000 jobs in May (up from an initial report of 217,000.) The consensus among economists surveyed by Briefing.com had projected an increase of 210,000 jobs in the month.
