This week on Finance Explained I’ve got 3 major financial headlines for you:
Tuesday’s release of Advanced Retail Sales for February, down far more than economists predicted
Wednesday’s FOMC statement and Fed press conference, where they announced no change to monetary policy, despite far stronger economic projections
Thursday’s worse than expected weekly jobless claims report. A year since the pandemic lockdowns began… and we are still seeing new claims higher than EVER previously reported in any recession EVERY. SINGLE. WEEK
… and after that, we will take a deep dive into what’s next on the Biden administration’s agenda - infrastructure spending, and how they plan to pay for it: higher taxes. What are they planning and how is it likely impact YOU!
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For more on the market headlines: https://familyfinancemom.com/market-weekly-update-3-22-2021/
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