Weekly Commentary

Despite a remarkably dovish statement and outlook last week by the Federal Open Market Committee and Chairman Jerome Powell, inflation continues to be highly topical. It will be back in the spotlight with the release of PCE numbers for February this

According to Shakespeare, Spring is "when winds breathe sweet, untidy though they be." Spring arrives this week on Tuesday, March 19, at 8:06 pm Pacific Time, just in time to kick up some untidy winds for Wednesday's much-anticipated Federal Open

Markets are looking for a slight — very slight but critical — improvement in the inflation numbers for February that will be released this week. Fed Chairman Powell has already signaled, with surprising clarity last week, the Fed’s confidence that it

It has seemed like the “Fed Funds Rate Cut in March “ mantra has dominated the financial news for months, despite the efforts of many to point out that the Fed has never indicated that they would move so soon. Now, that March FOMC meeting where so

January and early February often bring mini-economic corrections to the excesses at the tail-end of the previous year. Layoffs are generally concentrated in November and December so that businesses can start January with a "clean slate" for the new

There is no way around the fact that financial markets did NOT like the upside miss on both the CPI and PPI numbers last week, despite the protestation of economists that the numbers simply reflected the inevitable bumps in the road on the way to 2%

Consumer Price Index numbers for January early in the week and the Producer Price Index for January at the end of the week will bracket retail sales figures and speeches from a number of Federal Reserve Presidents. The expectations for inflation are

The reverberations from last week’s blockbuster US Nonfarm Payrolls number will continue this week. Despite the fact that there are many aspects of the data release showing the 353,000 net new jobs created in January (and the upward revisions in

January will end, this week, with an economic bang. US employment data for the end of 2023 and the start of 2024 will provide fitting book-ends for the Tuesday/Wednesday meeting of the Federal Open Market Committee (FOMC). The Personal Consumption

This week’s US data is perfectly focused on the two objects of our desire: declining inflation and continued, robust economic growth. Preliminary reports on economic activity in January will be followed by the Fed’s favored barometer of inflation,