The nation added an estimated 29,000 jobs in September. That figure fell well short of the consensus forecast of 84,000 and was accompanied by a 60,000
Inflation remains elevated. The Personal Consumption Expenditures (PCE) Price Index showed as much in August. Specifically, the PCE and core PCE, which excludes
The Federal Reserve’s primary focus right now is inflation. This was evidenced by the Federal Open Market Committee’s (FOMC) decision to raise the benchmark
The Federal Reserve raised the benchmark short-term interest rate at its September Federal Open Market Committee (FOMC) meeting. The quarter-point increase, to
The economy should make measured progress this year. According to the Commerce Department, Gross Domestic Product (GDP) expanded at an estimated annualized rate
The Federal Reserve is now expected to hold the benchmark short-term interest rate in the range of 3.50% to 3.75% at its September Federal Open Market Committee
Inflation is still elevated. The Personal Consumption Expenditures (PCE) Price Index, the assessment of inflation most closely watched by the Federal Reserve
The Federal Reserve held the benchmark short-term interest rate steady, in the range of 3.50% to 3.75%, at its July Federal Open Market Committee (FOMC) meeting
The U.S. economy is forecasted to expand by 2.0% to 2.5% this year. The advance is likely to be driven, in part, by the astronomical spending on artificial
The June employment report was rather uninspiring. The nation added an estimated 57,000 jobs last month, which was half the consensus forecast for 115,000
The Federal Reserve held the benchmark short-term interest rate steady at its January Federal Open Market Committee(FOMC) meeting. The pause follows three
The Federal Reserve was expected to hold its benchmark short-term interest rate in the range of 3.50% to 3.75% at the Federal Open Market Committee (FOMC)
