The presence of the January FOMC meeting on Tuesday and Wednesday puts most of the economic data in the shade. After the chilly tone to the FOMC statement and forecasts out of the December 17-18 [...]
With the first FOMC meeting of 2025 on the near horizon --- January 28-29 – Fed policymakers are going to be carefully parsing the available data on inflation and inflation expectations.The FOMC will only have [...]
The January 20 week starts off with a federal holiday and full market close on Monday. It is both the day of the M.L. King, Jr. birthday observance and inauguration day for President-elect Trump. Disruptions [...]
The IRS has announced that the 2025 tax filling season for tax year 2024 will open on Monday, January 27. The tax deadline is Tuesday, April 15. The late start of the 2025 tax filing [...]
There are three reports in the January 13 week that are likely to stand out, especially in the context of the upcoming FOMC meeting on January 28-29. The numbers available for the labor market through [...]
On Monday, January 6, the Fed announced that Vice Chair for Supervision Michael Barr is stepping down from that appointment but will remain on the Board of Governors.Barr was confirmed as a Governor on July [...]
Activity begins to pick up again after the holiday period. The focus will shift to the upcoming data reports on the labor market and inflation, and how these will affect the outlook for monetary policy.The [...]
The New Year’s Day observance sits in the middle of the December 30 week. This means some disruptions to normal release patterns. There is an early close for bond markets on Tuesday, and a full [...]
With Christmas, Hanukkah, and other holiday observances dominating the calendar for the next two weeks, there is very little on the US economic data schedule that will demand attention. Most of the numbers will put [...]
Econoday’s Relative Economic Performance Index (RPI) edged up to exactly zero last week, showing recent global economic activity matching market forecasts. However, within the mix, China continues to underperform alongside Canada and Switzerland and the [...]
