FOMC's Message: High For Longer
The FOMC’s latest Summary of Economic Projections (SEP) released today shows that the median forecast of the federal funds rate (FFR)…
The FOMC’s latest Summary of Economic Projections (SEP) released today shows that the median forecast of the federal funds rate (FFR)…
Canada's CPI inflation rate in August jumped to 4.0% from 3.3% in July on higher gasoline prices. Shelter…
US Economy I: Raising Odds of a Recession a Tad On July 31, Debbie and I lowered our odds of a recession.…
September is usually a nice month weather-wise. After the dog days of summer, the temperature starts to cool with occasional hot spells…
The Dot Plot thickens! Other than another FOMC meeting, it's a slow week ahead for economic indicators. The committee'…
It certainly has been an action-packed week so far, and there is still Friday to go. Today, the ECB raised its official…
Today's CPI report suggests that inflation is continuing to cool. That's not a new development so the financial…
The good news this morning was that the bond yield held below 4.30% despite rising oil prices and a mixed August…
Tech stocks seem to go up whenever the bond yield stops doing so. Leading tech stocks higher today was Tesla, which is…
The S&P 500 has been marking time recently around its 50-day moving average waiting for a verdict (chart). The jury…
This could be a big week for the stock and bond markets. There will be lots of market-moving inflation indicators: Inflation expectations…
What would it take for the Fed to abandon its hawkish stance? Three things, suggested Fed Chair Powell’s recent Jackson Hole…