Weekly Economic Update: July 31 – August 4, 2017
This week's Chart of the Week provides a summary of how the Fed's balance sheet normalization will work, assuming it starts in October.
GDP Review (Second Quarter 2017)
The Bureau of Economic Analysis (BEA) reported that real gross domestic product (RGDP) grew at a 2.6% annual rate in the second quarter of 2017. This compares to 1.2% for the previous quarter, and 1.8%, 2.8%, and 2.2% in the fourth, third, and second quarters of 2016, respectively. Nominal GDP (NGD...
July FOMC Review
The Federal Reserve’s Federal Open Market Committee (FOMC) held the federal funds rate target range at 1.00-1.25%. The Fed sets monetary policy to satisfy its dual mandate to maximize employment and maintain price stability.
Weekly Economic Update: June 26 – June 30, 2017
The Weekly Economic Update's Chart of the Week shows the amount of new commercial banks opening by year from 1990-2015. Fewer new banks means less competition.
Weekly Economic Update: June 19 – June 23, 2017
This week's edition features a look back at the Congressional Baseball Game's historical scores, our take on the Federal Reserve's decision to raise interest rates, new analysis on Obamacare enrollment and the latest state employment data.
Weekly Economic Update: May 8 – May 12, 2017
The Chart of the Week in this week's Weekly Economic Update looks at how many working-age people have a job.
May FOMC Review
The Federal Reserve’s Federal Open Market Committee (FOMC) unanimously voted to maintain its federal funds rate target range at 0.75-1.00%.
Weekly Economic Update: March 20 – March 24, 2017
Featuring the Chart of the Week, our Weekly Economic Update previews the weak ahead and gives a roundup of the previous week's headlines.
Tiberi Statement on Federal Reserve Interest Rate Announcement
U. S. Congressman Pat Tiberi (R-OH), chairman of the Joint Economic Committee, today issued a statement regarding the decision by Federal Reserve officials to increase the target federal funds rate to between 0.75 and 1.0 percent.
March FOMC Review
The Federal Reserve’s Federal Open Market Committee (FOMC) voted to increase its federal funds rate target range from 0.50-0.75% to 0.75-1.00%
