Treasury market yields continue to fall. The yield on the 10-year Treasury note, which is used as a proxy for various longer-term rates, recently dropped to 3
The nation created an estimated 199,000 jobs in November. That figure exceeded the consensus forecast and was at a level indicative of a still-tight labor
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’s economy has proven resilient so far this year, and a much-feared recession has yet to materialize. Gross domestic product (GDP) has managed to
The U.S. inflation situation is improving. This was reflected in the October price data. Specifically, the Consumer Price Index (CPI) was unchanged last month
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 nation created an estimated 336,000 jobs in September. That figure was nearly double the consensus expectation of 170,000 and was accompanied by sharp
Inflation is running at a level that is still too high for the Federal Reserve. The Personal Consumption Expenditures (PCE) Price Index, which is the measure of
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 received a number of key reports ahead of its late-September Federal Open Market Committee (FOMC) meeting. The central bank, which said
