This Week’s Economic And Investment News

Published Friday, July 30, 2021 at: 9:52 PM EDT

 Here’s what happened in the economy this past week affecting investors:  The Federal Reserve said the recovery was making progress and is holding its course . The economy grew at a 6.5% annual rate for the quarter ended June 30th. Inflation persisted at the highest level in years . Disposable income, personal savings and consumer spending. reverted closer to their historical levels but remained extremely strong  After the meeting by the Federal Reserve Board’s top policymaking committee on July 27 and July 28, the Fed issued a press release and used the same language as it has in the past regarding inflation. However, the language...

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This article was written by a veteran financial journalist based on data compiled and analyzed by independent economist, Fritz Meyer. While these are sources we believe to be reliable, the information is not intended to be used as financial advice without consulting a professional about your personal situation.

Indices are unmanaged and not available for direct investment. Investments with higher return potential carry greater risk for loss. Past performance is not an indicator of your future results.










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