The Federal Reserve held the federal funds rate at 5.25% to 5.50% during its March Federal Open Market Committee (FOMC) meeting. In his post-statement press
Inflation remains stubbornly high. True, the pace of price growth has slowed considerably from the peak rates seen over the last couple of years, but getting to
Corporate America did not disappoint during fourth-quarter earnings season. To summarize, with nearly all of the S&P 500 companies having reported results as of
The latest Consumer Price Index (CPI) reading showed inflation remains sticky. Specifically, the CPI and core CPI, which excludes the more-volatile food and
The nation created an estimated 353,000 jobs in January. That figure beat the impressive December tally of 333,000 and far exceeded the consensus forecast of
Inflation, though still elevated, remains on a downward trajectory. This was evident in the December Personal Consumption Expenditures (PCE) Price Index, which
The consumer sector remains the linchpin in the continued expansion of the U.S. economy. This is not surprising, given the sustained strength of the labor
The Federal Reserve had to be pleased with the progress it made on the inflation front in 2023. True, the year ended with price growth still running above the
The U.S. inflation situation continues to improve. This was evident in the November Personal Income and Outlays report from the Bureau of Economic Analysis
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 created an estimated 150,000 jobs in October. That figure fell short of the consensus expectation of 170,000 and was accompanied by downward
