by Mark Chandik | Mar 24, 2025
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 its quarterly Summary of Economic Projections. Why was the...
by Mark Chandik | Mar 17, 2025
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 of 3.1% from 3.3% in January. February’s rate was the slowest...
by Mark Chandik | Mar 10, 2025
“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 that will matter for the economy and for the path of monetary...
by Mark Chandik | Mar 3, 2025
There are times when the economic data is strong, and when considered together, the economic reports surpass expectations. Such cycles run their course, and the economic reports turn softer. That overperform/underperform cycle can repeat itself multiple times during...
by Mark Chandik | Feb 24, 2025
On January 13th, the Wall Street Journal published an article entitled “Investors Hope Earnings Season Can Revive Faltering Stock Rally—With the Fed unlikely to cut interest rates as quickly as hoped, corporate earnings growth becomes even more critical.” It’s not...
