Inflation, though still elevated, remains on a downward trajectory. This was evident in the December Personal Consumption Expenditures (PCE) Price Index, which
The consumer sector remains the linchpin in the continued expansion of the U.S. economy. This is not surprising, given the sustained strength of the labor
The Federal Reserve had to be pleased with the progress it made on the inflation front in 2023. True, the year ended with price growth still running above the
The U.S. inflation situation continues to improve. This was evident in the November Personal Income and Outlays report from the Bureau of Economic Analysis
Inflation continues to trend in the right direction. The Personal Consumption Expenditures (PCE) Price Index, which is the assessment of the inflation situation
Treasury market yields pulled back notably in November, including the benchmark 10-year note. The cause was recent moderation in inflationary pressures (October
The nation created an estimated 150,000 jobs in October. That figure fell short of the consensus expectation of 170,000 and was accompanied by downward
The U.S. economy performed very well in the third quarter, with the gross domestic product (GDP) advancing at an estimated annualized rate of 4.9%. That figure
Treasury market yields are on the rise, hitting their highest level since 2007. The biggest movement has come on the long end of the curve, with the yield on
The Federal Reserve paused on the interest-rate front at its September Federal Open Market Committee (FOMC) meeting. The central bank wants to see what the full
The latest price and labor data did not change the narrative about the Federal Reserve’s likely near-term monetary policy course. The consensus view is that the
The Federal Reserve has maintained its hawkish monetary policy stance. This was evident in the release of the minutes from the July Federal Open Market
