"Four times per year, at every other Federal Open Market Committee meeting, senior Fed officials submit..."
"The appointment of Jerome “Jay” Powell as Fed chair should result in a smooth transition for monetary policy..."
"Nothing causes more anger, confusion, and bewilderment than the trade deficit – that is, except..."
"Economists view the growth in labor productivity, or output per worker, as the single most important variable..."
"As expected, nonfarm payrolls rebounded from hurricane related effects. The unemployment rate edged lower..."
"The economy grew at a 3.0% annual rate in the advance estimate for the third quarter, as the hurricanes appeared..."
"The Bureau of Economic Analysis will report its advance estimate of 3Q17 GDP growth on Friday. The figures will..."
"Beyond all the twists, turns, and quirks in the economic data reports, the overall picture appears largely the same..."
"As expected, hurricanes Harvey and Irma had a significant impact on the nonfarm payroll data. However, it’s impossible..."
"Investors don’t pay much attention to the monthly report in personal income and spending. We already have a good handle..."
"As expected, the Federal Open Market Committee left the federal funds target range unchanged (at 1.00-1.25%)..."
"In her post-FOMC press conference, Federal Reserve Chair Janet Yellen is expected to provide a concise evaluation of..."
"The Federal Open Market Committee meets September 19-20 to set monetary policy. At this point, there is little..."
"Summer is normally a pleasant time, but most Americans are likely to be happy to have August 2017 in the rear view..."
"“On the brink of nuclear war, Nazis marching in the street,what’s it going to take for the stock market to care..."
"The July CPI data were a bit softer than anticipated, due partly to a drop in the price index for lodging away..."
"There’s a fair amount of noise in the monthly employment data, but July figures remained consistent..."
"The advance GDP report for 2Q17 contained few surprises. Growth was largely in line with expectations..."
"Samuel Blodget was an early American merchant, amateur architect, and economist. He wrote Economica: A Statistical..."
"Fed Chair Janet Yellen covered no new ground in hermonetary policy testimony to Congress but..."
"The June Employment Report was about as much as stock market participants could have hoped for..."
"Recent economic data reports have helped to fill in the picture of the economy in the first half of the year..."
"Heading into the second half of the year, there are a number of key policy uncertainties in Washington..."
"The June 14 Fed policy decision was expected to overshadow the mid-month economic figures. Instead..."
"The market odds of a June 14 Fed rate hike have risen in recent weeks. Another 25-basis-point increase in short-term..."
"Nonfarm payrolls rose less than expected in the initial estimate for May, while gains for March and April were revised..."
"The 2nd estimate (first revision) of 1Q17 GDP growth was stronger than expected, but well within the normal range..."
"Following the election, stock market participants gained optimism on the view that the new administration..."
"Growth in nonfarm payrolls rebounded in April, following a soft increase in March, consistent with a longer..."
"Real GDP rose at a 0.7% annual rate in the advance estimate for 1Q17, below the median forecast (+1.1%)..."
"The Bureau of Economic Analysis reports its advance estimate of first quarter economic growth on Friday..."
"It’s a long-standing adage in Washington that the federal debt is a problem only when the other party is in charge..."
"Nonfarm payrolls were reported to have risen by “just” 98,000 in March while the unemployment rate fell..."
"Consumer spending accounts for 69% of Gross Domestic Product. Last week, the data on the household..."
"Upcoming data reports will help to fill in the near-termpicture of the economy..."
"The median projection for the federal funds rate is 1.4 percent at the end of this year, 2.1 percent..."
"Indeed, at our meeting later this month, the Committee will evaluate whether employment..."
"Facts are stubborn things, but statistics are pliable.” – Mark Twain The majority of U.S..."
"President Trump is expected to announce a revised tax cut plan soon...."
"Fed Chair Janet Yellen will present her monetary policy testimony to Congress..."
"January economic data are relatively unreliable, but recent figures paint a fairly consistent picture..."
"Real GDP rose at a 1.9% annual rate in the initial estimate for 4Q16 with the headline..."
“This American carnage stops right here." – Donald Trump, Inaugural Address “The Fed's goal...'"
"Since the November election, the financial markets have priced in a more friendly business..."
"The December Employment Report showed the job market to be in good shape...."
"The outlook for 2017 is now shaping up as a battle of ideas, though few seem to be realizing it yet...."