The Federal Reserve has pivoted on the interest-rate front. Indeed, the Federal Open Market Committee (FOMC) reduced the federal funds rate by a half-point, to
The nation added an estimated 142,000 jobs in August. That figure was below the consensus calling for 161,000 additions and was accompanied by a sharp
The stage appears set for the Federal Reserve to begin reducing the federal funds rate at next week’s two-day monetary policy meeting. At last month’s
The Federal Reserve is expected to reduce the benchmark short-term interest rate at this month’s monetary policy meeting. During the annual Jackson Hole
Inflation continues to slow. This was evident in the latest round of consumer and producer (wholesale) price data. The Consumer Price Index (CPI) increased 2
The nation’s economy has been flashing mixed signals lately. According to the advanced estimate, gross domestic product (GDP) rose at an annualized rate of 2.8%
Volatility in the equity market spiked at the start of August, historically one of the weakest months of the year for stocks. The increased anxiety among
Inflation is cooling. The Personal Consumption Expenditures (PCE) Price Index, the gauge of inflation most closely tracked by the Federal Reserve, rose just 0.1
The nation’s economy continues to make progress, but may be starting to moderate. Gross domestic product (GDP) will probably increase between 2.0% - 2.5% for
The nation added an estimated 206,000 jobs in June. That tally pushed estimated non-farm payroll creation above 1.33 million for the first half of this year
Inflation is trending in the right direction for the Federal Reserve. The Personal Consumption Expenditures (PCE) Price Index, the gauge of inflation most
Treasury market yields stabilized near the end of June. Indeed, the rate on the 10-year Treasury note, which is used as a benchmark for setting longer-term
