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Economic Commentary
Strong February Employment Clears the Deck for Fed Liftoff
Nonfarm payrolls rose by +678k in February, the biggest single month increase since July, while revisions to December and January added another +92k....
Thoughts on Ukraine
This weeks’ economic reports are mostly of the minor league variety. With the global economy and the financial markets being so uncertain,...
Market Attention Turns to Fed Talk and Mounting Ukraine Threat
This morning, Chicago Fed President Charles Evans, speaking at the U.S. Monetary Policy Forum in New York made headlines when he said “the current...
Consumers Spend Big Despite Soaring Prices
January retail sales surprised to the upside, nearly doubling forecasts with an enormous +3.8% month-over-month gain, a sharp rebound from the...
Bullard Doubles Down
Last week after the market-shaking CPI report, St. Louis Fed President James Bullard announced that he favored 100 basis points of rate increase...