-
IHS Markit reported its PMI slipped in August as the ISM manufacturing index declined.
September 3 -
Consumers are still fueling economic expansion, with personal consumption gaining 0.6% in July after a 0.3% rise in June.
August 30 -
Three Federal Reserve Bank presidents said they would cautiously consider supporting a rate cut.
August 29 -
Despite trade issues, consumer confidence slipped only slightly in August, as “consumers have remained confident and willing to spend.”
August 27 -
While some Federal Reserve Bank presidents offered hawkish remarks at the Jackson Hole symposium, the markets still expect a 25 basis point cut, and analysts agree.
August 26 -
Federal Reserve Board Chairman Jerome Powell again pledged the central bank “will act as appropriate to sustain the expansion,” despite “no recent precedents to guide” policy decisions.
August 23 -
Two dissents on the vote to cut rates were the first of Chairman Jerome Powell's term.
August 22 -
“A couple” of Federal Open Market Committee members wanted a 50 basis point rate cut at its July 30-31 meeting, according to minutes released Wednesday, while “several” would have preferred no action.
August 21 -
Every coin has two sides and that is the case with a possible September rate cut.
August 20 -
The debate over yield curve inversion continued, as a summer Friday yielded little economic data, but the market waits to parse the minutes of the most recent Federal Open Market Committee and then eyes will turn to the Federal Reserve Bank of Kansas City’s annual Jackson Hole retreat.
August 16