Behind the Numbers Archive
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Behind the Numbers - Jun 24, 2022
More from the Fed - Last week’s FOMC meeting should have provided the financial markets enough information to stabilize and coast, at least until the July meeting. However...
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Behind the Numbers - Jun 17, 2022
The Fed Shock - As expected, the FOMC raised the short-term lending rate this week for the second time in two months. For a bit of excitement, however, the FOMC increased the key rate by 75...
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Behind the Numbers - Jun 10, 2022
Hot, Hot, Hot - It doesn’t appear that inflation has peaked, nor is it anywhere near the ceiling. In fact, year-over-year CPI rose 8.6% in May, a new record high. All components of the CPI report...
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Behind the Numbers - Jun 3, 2022
Goldilocks is at the Door Again - By most economists’ analysis, the May job report classifies as a Goldilocks report, not too bad and not too good. The U.S. added 390,000 jobs in May, 70,000 more than expected....
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Behind the Numbers - May 20, 2022
Consumers Not Deterred by Higher Prices - Retail sales increased in April for the fourth month in a row, as inflation remained at the highest level in decades. Sales rose 0.9% in April and were revised substantially...