A Safer Retirement®
Learn about the latest economic news, discover the potential impact on you and your financial plan, and explore insights you can use to help meet your goals.
May 2024
Market Reacts to Fed’s Hawkish Minutes: Dollar Jumps, Stocks Decline
Bloomberg’s latest Fed Minutes Sentiment Indicator was roughly neutral, but some language in the minutes is hawkish, as seen in [...]
US Economy Faces Mixed Signals: Declining Sentiment, Rising Debt Delinquencies, and Fed Rate Cut Speculations
Consumer sentiment deteriorated more than expected at the beginning of May, according to the latest U. Michigan survey. [...]
US Labor Market and Economic Outlook: Weaker Jobs Report, Robust Hiring, and Declining Excess Savings
The April jobs report was weaker than anticipated, raising expectations for a Fed rate cut by September. Nonetheless, hiring continues [...]
Fed’s Cautious Approach Amid Inflation Concerns: A Focus on Rate Strategy and Economic Impact
While the FOMC expressed concerns about the “lack of further progress” on inflation, the US central bank did not “pivot” [...]
April 2024
Interest Rate Reckoning: Market Adjusts as Treasury Yields Hit 5% Amidst Economic Headwinds
The market continues to scale back its expectations for Fed rate cuts in 2024. The 2-year Treasury yield is back [...]
Reassessing the Horizon: Fed Tempers Rate Cut Projections Amid Economic Optimism
Chair Powell stated that the US central bank is not rushing to cut rates in light of strong labor market [...]