Despite the dissent of 3 of its voting members, the FOMC keeps its interest rate target steady once again. Meanwhile, tight inventories clip home sales during August.
Factory Output Up, Consumer Prices Steady: What We Learned During the Week of August 15 – 19
July featured a 2nd straight month of increased manufacturing output while consumer prices held steady.
Perhaps Decent Economic Growth in Q2: What We Learned During the Week of July 18 – 22
A series of economic data released last week finds moderate economic growth during the tail end of Q2.
