The Federal Reserve received some positive news on the inflation front. After the February Consumer Price Index (CPI) came in cooler than expected, the Labor
The nation added 151,000 jobs in February. That figure was modestly below the consensus forecast of 160,000, but relatively in line with the 12-month average of
The Trump Administration’s tariff policies have been unsettling for Wall Street, with the stock market selling off on each announcement by the President. As we
The U.S. economy is showing some signs of softness. True, the nation’s gross domestic product (GDP) did expand by an estimated 2.8% in 2024, but recent economic
Inflation remains sticky. This was evident in the latest round of price data that showed notable increases at both the producer (wholesale) and consumer levels
The nation added an estimated 143,000 jobs in January. That figure fell short of the consensus forecast of 169,000 and was less than half the gain produced in
The Federal Reserve’s progress on the inflation front has stalled in recent months. The Personal Consumption Expenditures (PCE) Price Index, the gauge of
The nation added an estimated 256,000 jobs in December. That figure far exceeded the consensus forecast of 155,000 and was 44,000 above the revised November
The Federal Reserve will hold its first Federal Open Market Committee (FOMC) meeting of 2025 at the end of this month. Sentiment is that the FOMC will keep the
The new year begins with some unanswered questions for the Federal Reserve. The biggest one is whether inflation will remain a problem for the central bank in
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
