Minutes of the Board's discount rate meetings on November 18, December 9, and December 18, 2024

Published on January 14, 2025

Minutes of the Board's discount rate meetings on November 18, December 9, and December 18, 2024

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Gasoline Prices: WTIC Rises to 4-Month High

January 14, 2025
Gas prices were unchanged this past week while WTIC rose for a third straight week to its highest level in four months. As of January 13th, the price of regular and premium gas were unchanged from the previous week. The WTIC end-of-day spot price for crude oil closed at $77.30, up 5.1% from last week.

Household Incomes: The Decline of the "Middle Class" 2023 Update

January 14, 2025
The median household is the statistical center of the Middle Class. Let's take a closer look at the Census Bureau's latest annual household income data with a focus on middle class income. In this update, we'll focus on the growing gap between the median (middle) and mean (average) household incomes across the complete time frame of the Census Bureau's annual reporting from 1867 to 2023.