Powell Highlights Employment Concerns, Suggests Rate Cuts on the Horizon
As expected, the Fed left rates unchanged, but Chair Powell [...]
Economists’ Optimism Wanes for US Consumer Spending in 2024
Economists are becoming less optimistic about US consumer spending in [...]
Stronger Than Expected: June Producer Prices Surge Due to Business Markups
The June increase in producer prices was stronger than expected, [...]
Market Predicts Fed Rate Cuts Amid Weak June Private Sector Job Gains
While the June headline payrolls figure exceeded expectations, private sector [...]
Core PCE Inflation Slows Sharply, Boosting Case for Fed Rate Cut
The core PCE inflation measure slowed sharply in May. [...]
Business Activity Grows While Economic Forecasts Remain Cautious
US business activity strengthened this month, according to the PMI [...]
Investors Predict September Fed Rate Cut: Market Probability at 66%
The University of Michigan’s consumer sentiment index unexpectedly fell this [...]
US Economy Insights: Job Gains, Inflation, and Economic Challenges
The employment report exceeded expectations, with 272k jobs added in [...]
Potential Recession?
Treasury yields have now been inverted for the longest stretch [...]
Forecasts Adjust: Higher Job Gains, Persistent Inflation, and Revised Fed Rate Cut Expectations
Economists are increasingly bullish on consumer spending growth this year. [...]