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.
August 2024
Powell Highlights Employment Concerns, Suggests Rate Cuts on the Horizon
As expected, the Fed left rates unchanged, but Chair Powell hinted at a possible rate cut in September. Neither the [...]
July 2024
Economists’ Optimism Wanes for US Consumer Spending in 2024
Economists are becoming less optimistic about US consumer spending in 2024. The 2024 CPI estimates are also off [...]
Stronger Than Expected: June Producer Prices Surge Due to Business Markups
The June increase in producer prices was stronger than expected, driven by trade services (business markups). Businesses still maintain some [...]
Market Predicts Fed Rate Cuts Amid Weak June Private Sector Job Gains
While the June headline payrolls figure exceeded expectations, private sector job gains were much softer than anticipated. The ISM Services [...]
Core PCE Inflation Slows Sharply, Boosting Case for Fed Rate Cut
The core PCE inflation measure slowed sharply in May. Source: @economics Read full article The ISM Manufacturing [...]
Business Activity Grows While Economic Forecasts Remain Cautious
US business activity strengthened this month, according to the PMI report from S&P Global. Factories have increased their hiring. The [...]