FED Hikes Rates

Fed Raises Rates, Signals More on the Way

The Federal Reserve raised interest rates on Wednesday and signaled that two additional increases were on the way this year, as officials expressed confidence that the United States economy was strong enough for borrowing costs to rise without choking off economic growth...

By | June, 14, 2018|Categories: Articles, Featured|Tags: , , , , , , , |0 Comments


Danielle DiMartino Booth

New orders hold most-favored-indicator status for forward guidance on US economic growth. If you drew a heat map of the US, you’d find really hot spots for new orders in the Philly Fed District and a great swath of Midwest flyover states like those covered in the Kansas City Fed manufacturing survey...

By | June, 11, 2018|Categories: Articles, Featured|Tags: , , , , , , |0 Comments

Not All Inflation is Created Equal

Danielle DiMartino Booth

Can something be arbitrary and at the same time deeply damaging? Pursuing a strategy based on personal preference rather than reason can indeed inflict deep wounds if carried on for too long. Such is the case with the Federal Reserve’s preferred inflation metric, the “core PCE.” ...

By | June, 1, 2018|Categories: Articles, Featured|Tags: , , , , , |0 Comments