All’s Well That Ends Well
When the Federal Reserve began lowering interest rates in September, the market was anticipating a steady cadence of rate cuts well into 2025…
Monthly Economic Update
Markets Digest Election Results
Donald Trump won the 2024 presidential election and will return to the White House with a Republican majority in both the Senate and the House of Representatives…
Inflation Hits Another Minor Bump on Its Ride Down
U.S. inflation, as measured by the Consumer Price Index (CPI), showed mixed results in its most recent September reading…
The Fed’s Challenge to Walk a Tightrope When Lowering Rates
The September FOMC meeting resulted in a half-point interest rate cut, the first rate reduction since March 2020, that lowered the federal funds rate to between 4.75%-5.0%.
One Step Closer
Inflation has finally shown signs of cooling, with the month-over-month consumer price index lowering 0.1% in June, bringing the year-over-year figure to 3.0%, a decrease from the 3.3% YoY figure in May.
Not There Yet
With measures of inflation remaining above its 2% target, the Federal Open Market Committee (FOMC) continued its approach to keep rates higher for longer at its June meeting…
The Federal Reserve’s Dilemma
The advance estimate for real GDP growth in Q1 came in at a modest 1.6% annualized rate, restrained by trade and inventory adjustments. However…
Not So Fast
In December, the Federal Reserve turned its focus towards potential rate cuts in 2024 as inflation continued its steady decline towards the policymaker’s 2 percent target.
Policy Easing Ahead?
The Federal Open Market Committee (FOMC) has finally begun to seriously consider the prospect of rate cuts after the most aggressive tightening cycle in four decades to rein in inflation.
Getting in Sync
The economy showed surprising strength in 2023 by growing 2.5 percent, defying market expectations for the U.S. to slip into a recession under the weight of rising interest rates and high inflation.