April 16, 2024

The Pace of Disinflation is Stalled, Pushing Back the First Rate Cut Expectation Beyond June

The two weeks since our last Economic Review have been busy ones for economic news, and that news has not been good for those hoping for Federal Reserve action to reduce interest rates in the near term. 

March 18, 2024

Core Inflation Exceeded Expectations for The Last Two Months – Stickier Than Expected

For now, the inflation news appears to be outweighing softening employment in terms of market impact.  Let’s review some of the more significant economic data released last week.