The nation’s economy continues to hold up nicely, and it is unlikely that a recession is looming on the horizon. GDP (gross domestic product) expanded at an
The U.S. economy is performing well as 2024 draws to a close. The 12-month advance has been driven by the consumer sector, with growth in the services area at
The nation added an estimated 227,000 jobs in November. That tally exceeded the consensus forecast of 214,000 and was a big recovery from the hurricanes and
The Federal Reserve looks ready to lower the federal funds rate by a quarter point, to a range of 4.25% to 4.50%, at next week’s monetary policy meeting. That
The Federal Reserve appears to have accomplished what it set out to do entering 2024. Indeed, the central bank, which has a dual mandate to promote price
Long-term Treasury yields continue to rally. This move higher comes despite the Federal Reserve reducing the federal funds rate by three quarters of a
The Federal Reserve cut the federal funds rate by a quarter point, to 4.50%-4.75%, at its November Federal Open Market Committee (FOMC) meeting. It marked the
The balance of political power in Washington, D.C. will shift in 2025. That is because former President Donald J. Trump was re-elected President and will take
The Federal Reserve will likely continue on its recently commenced less-restrictive monetary policy course. Investors should note that the central bank was
The Federal Reserve has been effectively navigating its dual mandate. The inflation situation continues to improve, with consumer and, more so, producer prices
The latest round of inflation data was mixed. The September Consumer Price Index (CPI) came in above forecast, with the headline figure rising 2.4% over the 12
The nation added an estimated 254,000 jobs in September. That figure far exceeded the consensus forecast of 150,000 and was accompanied by a drop in the
