The October price data may prove to be an inflection point in the battle to tame inflation. The Consumer Price Index (CPI) rose 0.3% and 7.7% on a month-to
The nation created 528,000 jobs in July. That figure far outpaced the consensus expectation calling for a roughly 275,000 increase. Through the first seven
The June inflation figures were very “hot.” The Producer Price Index (PPI) report looked very much like the companion Consumer Price Index data. Producer prices
Inflation has shown little sign of easing. This was evident in the Labor Department’s reports on May consumer and producer prices. The Consumer and Producer
April’s pricing data did little to assuage concerns about inflation. Both the Consumer and Producer Price Indexes came in above expectations, with respective 12
The Federal Reserve raised the benchmark short-term interest rate by one-half a percent (“50 basis points”) at this month’s Federal Open Market Committee (FOMC)
While the U.S. economy contracted by an annualized rate of 1.4% in the first quarter, some other economic indicators have been positive. The headline negative
Stock market volatility picked up during the latter portion of April. This was prompted, in large part, by hawkish monetary policy comments from Federal
First-quarter earnings season did not get off to a rousing start. In fact, the major U.S. banks, including JPMorgan Chase and Goldman Sachs, reported sharp year
