Fed Confusion

December 20, 2022 Recent Fed  policy has been confusing to say the least.   In September the focus was on the unemployment rate and the Fed eased aggressively.  Two months later the focus shifted back to inflation and the Fed seemed nervous.  The Fed basically told us...

The Fed in the Spotlight

December 13, 2024 The Federal Reserve will be the focus of attention this week.  It is all but a foregone conclusion that it will lower the funds rate by 0.25% to 4.25-4.5%. It told us that is what it intends to do.  The Fed is trying to reduce the funds rate to a...

The Year Ahead – 2025

December 6, 2024 The 2025 outlook seems particularly bright characterized by 3.0% GDP growth, the unemployment rate steady at the 4.0% mark, additional slowing in the core inflation rate to 2.3% , and a further reduction in the funds rate from 4.75% today to 3.75% by...

Enjoy the Holiday

November 29, 2024 There will be no economic commentary this week..Back in the groove next week. Enjoy the time this weekend with your friends and family and be thankful for all that you have. Steve