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 Federal Open Market Committee (FOMC) held the federal funds rate in the range of 4.25% to 4.50% at its January meeting. This may prove to be the first in a
The Federal Reserve may not cut the benchmark short-term interest rate again before midyear. That is because the rate of inflation, as reflected by the pace of
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
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
