The Fed Hits Snooze on Policy Moves It came as no surprise that the Federal Reserve maintained its benchmark rate—the fed funds rate—at 4.25% to 4.50% during last Wednesday’s meeting. Despite the moderation in the rate of inflation, central bankers didn’t hint at any...
Tariffs MIA in Latest CPI; Renewed Geopolitical Instability Inflation remained mild in May, showing little upward pressure. According to last week’s report from the US Bureau of Labor Statistics, the Consumer Price Index (CPI) rose just 0.1% for the month, while the...
Tariff Threat in Play Our weekly Insights offers updates on pertinent financial and economic topics that educate and inform. They focus on what is important to investors. These may include inflation, the economy, interest rates, the Federal Reserve, and corporate...
The Consumer Bolsters GDP The U.S. Bureau of Economic Analysis reported last week that Gross Domestic Product (GDP), which is the largest measure of goods and services for the economy, expanded at a 2.3% annualized pace in the fourth quarter. That’s down from 3.1% in...
Housing’s Worst Year in Nearly 30 Years It is not much of a stretch to say that home sales are in the basement. In 2024, the annual number of existing homes sold fell slightly to 4.06 million, the lowest since 1995. It’s important to note that 2024 came in lower than...
