The U.S. economy performed very well in the third quarter, with the gross domestic product (GDP) advancing at an estimated annualized rate of 4.9%. That figure
Treasury market yields are on the rise, hitting their highest level since 2007. The biggest movement has come on the long end of the curve, with the yield on
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 maintained its hawkish monetary policy stance. This was evident in the release of the minutes from the July Federal Open Market
The U.S. inflation situation remains unsettled. True, the July increases for the Consumer Price Index (CPI) and the core-CPI, which excludes the food and energy
The nation added 187,000 nonfarm payroll positions in July. That figure came in short of the consensus expectation of 200,000 and was accompanied by respective
The Federal Reserve is expected to resume raising the benchmark short-term interest rate at this month’s Federal Open Market Committee (FOMC) meeting. Chairman
The Federal Reserve opted for a pause on interest-rate hikes at its mid-June Federal Open Market Committee (FOMC) meeting. The central bank, aided by May price
Inflation showed signs of cooling last month. The Consumer Price Index (CPI) increased a modest 0.1% in May. On a 12-month basis, the CPI was up 4.0%, again
The nation created 339,000 jobs in May. That figure handily exceeded the consensus forecast of 190,000 and pushed the total number of jobs added through the
The Federal Reserve’s battle to tame inflation is proving arduous. Fresh on the heels of a stronger-than-expected Personal Consumption Expenditures (PCE) Price
