From the President's Desk Finance
The Federal Reserve raised its benchmark federal funds rate by 75 basis points on September 21, which was not a surprise to most people. It was probably also not a surprise to most that...
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From the President's Desk Finance
The Federal Reserve raised its benchmark federal funds rate by 75 basis points on September 21, which was not a surprise to most people. It was probably also not a surprise to most that...
Continue ReadingThe June CPI result reflected a 9.1% year-over-year rate of inflation. The number immediately garnered a lot of attention and understandably so. It was the highest rate experienced in the...
Continue ReadingConsumers benefited from mounds of cash pushed their way by government stimulation during the pandemic. The financial windfall fueled an incredible surge in Retail Sales and contributed to...
Continue ReadingReal (i.e., inflation-adjusted) personal income – as earned for productive economic participation – is at a record high. This bodes well for the overall economy because it means the...
Continue ReadingThe Fed appears intent to quell the inflation that they helped create. They have indicated that they intend to make up for lost time with an aggressive schedule of rate hikes. Quantitative...
Continue ReadingThis is either a glass-half-full or glass-half-empty moment as you look at the chart below. How you perceive the trends on the chart likely says a lot about your expectations. You could...
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