Archive for May 2023
Weekly Economic Update: May 30, 2023
Presented by Nicholas Wealth Management Take it to the limit — one more time! “So put me on a highway And show me a sign And take it to the…
Read MoreWeekly Economic Update: May 22, 2023
Presented by Nicholas Wealth Management More Housing Sector Softness:Â Sales of existing homes declined for the second straight month in April, falling 3.4% from the prior month, according to the…
Read MoreWeekly Economic Update: May 15, 2023
Presented by Nicholas Wealth Management Core Inflation Remains Stubborn:Â The U.S. Department of Labor reported last week that the Consumer Price Index (CPI) rose in April by 0.4% over the…
Read MoreWeekly Economic Update: May 8, 2023
Presented by Nicholas Wealth Management Fed Hikes Again, Hints at Pausing:Â The Federal Reserve last week raised the target for its interest rate benchmark, the federal-funds rate, by another quarter…
Read MoreWeekly Economic Update: May 1, 2023
Presented by Nicholas Wealth Management Federal Reserve Raises Rates by 0.25% The Federal Reserve announced Wednesday that it was raising its key federal funds rate by 0.25% to more than…
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