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...

Look on the Bright Side

November 22, 2024 Every economist has attempted to predict the impact on economic growth and inflation from the long list of policies Trump is supporting.  Economic forecasting is challenging enough every  year when dealing with the usual variables — consumer...

Catching Up Quickly

November 8, 2024 When asked about their level of confidence consumers often highlight inflation as a major concern.  When inflation began to rise in mid-2020  Fed Chair Powell told us not to worry because the run-up in prices would be temporary.  That led us to...