The central bank remains on its increasingly restrictive monetary policy course. The Federal Reserve raised the benchmark short-term interest rate by 0.75% at
The nation’s economy expanded by an estimated annualized rate of 2.6% in the third quarter. That followed two quarters of contraction and lifted sentiment about
Inflation remains elevated and has shown minimal signs of easing. This was evident in the September reports on producer (wholesale) and consumer prices. Indeed
The nation added 263,000 jobs in September. In total, nonfarm payrolls increased by more than 3.75 million positions during the first nine months of 2022
The Federal Reserve’s increasingly restrictive monetary policies and resultant higher Treasury market yields have not been good for stocks for the most part. Th
The inflation situation remains problematic. The August reading on consumer prices came in stronger than expected, with the core-Consumer Price Index (CPI)
U.S. employers added a healthy number of jobs in August and a steady stream of people entering the workforce lifted the unemployment rate, suggesting some
Investors remain focused on the impact of the Federal Reserve’s fight against inflation. Although prices have risen at a pace not seen for decades, recent signs
The U.S. consumer has proven resilient amid the high inflation environment. Although the headline July retail sales figure was flat on a month-to-month basis
The inflation narrative changed somewhat in the wake of the Labor Department’s July pricing reports. The Consumer Price Index came in lighter-than-expected on
The nation created 528,000 jobs in July. That figure far outpaced the consensus expectation calling for a roughly 275,000 increase. Through the first seven
The U.S. economy has been performing in a mixed fashion lately. According to the widely held definition (two consecutive quarters of contracting gross domestic
