-
Inflation remains tame, and although the consumer price index has ticked up, producer prices surprised to the downside Thursday.
December 12 -
As expected the Federal Open Market Committee left rates at a range of 1.5% to 1.75%, with no officials dissenting, and the updated forecasts call for rates to remain there through 2020.
December 11 -
With Federal Reserve officials offering a united front on keeping interest rates steady, attention will focus on the Summary of Economic Projections and the repo market.
December 10 -
As the Federal Open Market Committee convenes for its final scheduled meeting this year, one where President Trump kept upping the political pressure, the 2020 elections threaten to make the situation worse.
December 9 -
The strength of Friday’s employment report confirms that growth will pick up and recession is unlikely before 2023, according to at least one expert.
December 6 -
The U.S. trade deficit narrowed to $47.2 billion in October, the smallest shortfall since May 2018.
December 5 -
Wednesday's ADP employment number and the ISM's non-manufacturing index missed forecasts, raising the possibility a rate cut will be discussed if Friday's jobs report also disappoints.
December 4 -
The economy is in a different place than it was entering 2019, when the Federal Reserve was in a tightening cycle, yield curves were inverting, and the markets expected a recession.
December 3 -
The manufacturing sector and construction spending came in weaker than expected, though probably not bad enough for the Federal Reserve to care.
December 2 -
A smaller decline in business investment and continued consumer spending suggest the economy will continue to grow at a moderate pace.
November 27