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
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 [...]
US Job Market Puzzles Economists: Part-time Work Rises as Full-time Jobs Wane Amid Sector-Specific Gains
The employment report topped economists’ projections once again. Part-time employment has surged, while full-time employment has declined in recent months. [...]
US Economic Pulse: Consumer Spending Rebounds as Savings Dip and Fed Rate Cut Expectations Adjust
Consumer spending in February recovered from a weak start to the year, with real spending exceeding expectations. The [...]