The U.S. economy is exceeding prognostications. True, the gross domestic product (GDP) expanded by an estimated annualized rate of 1.6% during the first six
The trade tensions between the United States and China have recently ratcheted up. The latest twist in the ongoing negotiations between the world’s two largest
The Federal Reserve is expected to reduce the benchmark short-term interest rate at this month’s Federal Open Market Committee (FOMC) meeting. The central bank
The Federal Reserve is signaling two additional quarter-point interest-rate reductions before year’s end. These would follow the first interest-rate cut in nine
The Federal Reserve lowered the benchmark short-term interest rate by a quarter-point at its September monetary policy meeting. It marked the first action from
The nation added an estimated 22,000 jobs in August. It marked the fourth-consecutive month of minuscule gains, with job creation averaging roughly 27,000 a
Inflation is still running above the Federal Reserve’s target level of 2%. The Personal Consumption Expenditures (PCE) Price Index, the assessment of inflation
The Federal Reserve appears on track to resume cutting the benchmark short-term interest rate for its lending to banks at this month’s Federal Open Market
The July price data painted a mixed picture on inflation. On the positive side, the Consumer Price Index (CPI) was relatively in line with the consensus
The negative impact of tariffs on consumer prices has yet to be seen. True, the last mile in the Federal Reserve’s effort to bring inflation closer to its
The nation’s economy has been flashing mixed signals lately. On a positive note, GDP (gross domestic product) expanded at an annualized rate of 3.0% during the
The Federal Reserve held the federal funds rate steady, in the range of 4.25% to 4.50%, at its July monetary policy meeting. This marked the fifth-consecutive
