Elevated Uncertainty, ‘Transitory’ Makes a Comeback The Federal Reserve held its key rate, the fed funds rate, at 4.25 - 4.50% as expected. But Fed officials downgraded the economic outlook for 2025 and raised its forecast for inflation (again) in…
Entering a Market Correction The February Consumer Price Index came in softer than expected, rising 0.2%, according to the U.S. BLS. The core CPI, which excludes food and energy, also rose 0.2%. The core CPI slowed to an annual rate…
Tariffs On, Tariffs Off, Tariffs Back On (Sort of) “The new Administration is in the process of implementing significant policy changes in four distinct areas: trade, immigration, fiscal policy, and regulation. It is the net effect of these policy changes…
Economic Muscle with a Dash of Uncertainty On February 19 and February 20, the S&P 500 Index eclipsed its prior all-time high set in late January, according to data provided by the St. Louis Federal Reserve. What helped lift the…
