Inflation increased modestly in May. The Personal Consumption Expenditures (PCE) Price Index, the assessment of inflation most closely watched by the Federal
The Federal Reserve took a slightly more hawkish stance at its June Federal Open Market Committee (FOMC) meeting. That included a continued pause on the
The Federal Reserve held the federal funds rate steady, at 4.25%-4.50%, during the June monetary policy meeting. Although price growth continues to moderate
The nation added an estimated 139,000 jobs in May. That figure was better than the consensus forecast of 125,000 positions, and the unemployment rate was
The inflation outlook continues to improve. The Personal Consumption Expenditures (PCE) Price Index, the assessment of inflation most closely tracked by the
First-quarter earnings season is now in the rearview mirror. For the three-month period, profit growth for the S&P 500 companies averaged around 13%. That
The pace of price growth showed further signs of easing in April. On the heels of a more-benign Consumer Price Index report, the companion Labor Department
The United States and China have agreed to pause most of the tariffs between the two nations. They will attempt to renegotiate a comprehensive trade deal
The U.S. economy contracted in the first quarter. The Commerce Department reported that gross domestic product (GDP) decreased slightly, at an estimated
The U.S. economy is beginning to slow. A confluence of factors, including weakening consumer sentiment amid the ongoing global trade war; inflation still for
The world is in the midst of a global trade war. This commenced with the Trump Administration implementing across-the-board 10% tariffs on 185 nations
A global trade war commenced in early April. The first salvo was sent by the Trump Administration when it implemented a universal tariff rate of 10% on goods
