Sep 18, 2024
VOLUME 216: WEEK ENDING SEPTEMBER 14, 2024 Higher shelter and transport services costs drove the stronger-than-expected rise in core inflation in August. Despite this, the disappointing inflation data makes it more likely that officials will be cautious about easing,...
Sep 9, 2024
Capital Markets U.S. Snapshot: Q2 2024 Signs of a market recovery emerged in Q2, but the start of Q3 has created uncertainty. Underlying data indicated a stronger-than-anticipated economic backdrop with advanced Q2 GDP outperforming, stock indices hitting all-time...
Sep 3, 2024
VOLUME 214: WEEK ENDING AUGUST 31, 2024 The Commerce Department reported that the Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation measure, increased by 0.2% from the previous month. Annually, prices rose by 2.5%,...
Aug 26, 2024
VOLUME 206: WEEK ENDING AUGUST 24, 2024 The U.S. added 818,000 fewer jobs between the spring of 2023 and the spring of 2024 than originally reported, representing a 0.5% reduction from the initial figures. This is the largest downward revision since 2009,...
Jul 31, 2024
Summary On Wednesday, July 31, 2024, the Federal Open Market Committee (FOMC) voted unanimously to hold the federal funds rate at a target range of 5.25–5.50%. This marks over a year and eight consecutive meetings since the Committee last adjusted the target range,...