Federal Reserve

Real quick here Atlanta Fed President Raphael Bostic has added his voice to the hawkish chorus at the Fed. And what he has said bears noting because of what it means about the Fed's policy path. In a speech today at the 57th Annual…

The latest monthly report on the employment situation in the US saw the unemployment rate dip to its lowest level since 1969. While the addition to non-farm payrolls was below expectations, upward revisions to prior months made this a very…

I was off last week when the Fed raised rates a quarter percentage point. But I promised to comment on the Fed's action when I returned. I am doing so now.

I am looking forward into 2019 at this point. And if you look at the Fed's summary of economic projections from June, you see a median projection for the fed funds rate moving from 2.4% at the end of this year to 3.1% at the end of 2019. So…

Back on March 1st, I told you to think of "Lael Brainard as the catalyst for Fed regime shift". Here's why: Back in late 2015, she and Fed Governor Dan Tarullo expressed caution about raising interest rates. And as the Fed increased the Fed…

Happy Tuesday! In the US, the summer holiday season is officially over today. And so, markets here are fully re-engaged. That usually means a reassessment of the economic, political, and investing landscape. And that has sometimes led to…

A lot of people are still watching the flattening yield curve and distress in EM. And while I think both of these events are important, I am looking at a lot of other market signals, particularly US domestic credit markets. Here are some…

I am back after a week away from the site. Politically, it was a pretty eventful week. On the economy and market side, it wasn't as dramatic. But I do have a few thoughts to start the week on what's relevant. 1. Sentiment shift on Mueller…

Today's daily newsletter has stories on US trade with Canada, Mexico and China, on predictions about the cycle ending, the Tesla saga, an interview with Hugh Hendry and much more

The Atlanta Fed's GDPNow tacker is already showing some pretty robust numbers for Q3 GDP growth.