The Fed’s Favorite Inflation Measure Last week, the Federal Reserve announced its final interest rate decision of 2023. The central bank held the federal funds rates steady for the third meeting in a row, and signaled rate cuts may come in 2024, driving the Dow Jones Industrial Average to all-time highs. But of course, these…Read more
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Making History It’s a new dawn for the fight against climate change. Government officials from almost 200 countries approved a deal Wednesday, calling for nations around the world to begin to wind down the use of fossil fuels. After 30 years of annual climate summits, the agreement made at the 2023 United Nations Climate Change…Read more
Pause or Proceed? For the last time this year, it’s Fed week. The central bank to leave interest rates unchanged again meet market participants expectation, as conviction is growing the the policymakers around Fed Chairman Jerome Powell are done raising rates. In an effort to curb pandemic-era inflation, the Federal Reserve enacted a series of…Read more