For the first time in a long while, the combination of a weak real economy and slowing underlying inflation has left investors unsure about tightening prospects at this week’s ECB meeting. Forecasters are quite evenly [...]

Thanks to North America the global economy is treading right at expectations, very near the zero line at plus 3 on Econoday’s Consensus Divergence Index (ECDI) and masking significantly negative readings across much of Europe [...]

Monday is the 22nd anniversary of the terrorist attacks of September 11. It is not a federal holiday observance on the calendar. Stock and bond markets will be open. However, expect the day to have [...]

The full Senate has confirmed Governor Philip Jefferson to be the next Vice Chair of the Federal Reserve. As soon as he is sworn in, Jeffer will concurrently serve a four-year term as Vice Chair [...]

The September 4 week begins with the Labor Day observance on Monday. As a federal holiday, stock and bond markets will be closed. The holiday means some US Treasury announcements and auctions will see adjustments [...]

Now that Fed Chair Jerome Powell has delivered his speech at the Jackson Hole Symposium, Fedwatchers will set their expectations for the next FOMC meeting on September 19-20. Powell spoke about policymakers needing to be [...]

The economic data in the August 21 week will take a backseat to the annual Jackson Hole Symposium over the three days of August 24-26. This year’s topic is “Structural Shifts in the Global Economy”. [...]

In the August 14 week, there will be more economic data that will affect the outlook for Federal Reserve monetary policy, although there is much more to come before the September 19-20 FOMC meeting. With [...]

At the start of the third quarter 2023, the outlook for the cost-of-living-adjustment (COLA) for Social Security beneficiaries is for a modest increase in January 2024. Based on the CPI-W for July only, the year-over-year [...]