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)
The U.S. economy is exceeding expectations. The last two reports from the Commerce Department showed that the gross domestic product (GDP) expanded by an
Inflation showed signs of easing this past fall. Indeed, the November Consumer Price Index (CPI) report showed that the CPI and the core CPI, which excludes the
The Federal Reserve did both the expected and unexpected at the December Federal Open Market Committee (FOMC) meeting earlier this month. To nobody’s surprise
The Federal Reserve was expected to reduce the benchmark short-term interest rate at the next Federal Open Market Committee (FOMC) meeting, which was scheduled
