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Economic Commentary
Powell’s Q&A Indicates QE Taper to Conclude Next Summer
The official statement released at the conclusion of the September FOMC meeting held few surprises, but Powell's post meeting press conference was...
Consumer Spending is Surprisingly Strong in the Final Month of the Second COVID Summer
The emergence of the Delta variant in July caused consumers to tap the brakes on spending, but as the summer wore on, purchases apparently resumed....
Consumer Inflation Moderates Before Next Week’s Fed Meeting
The August consumer price index indicated price pressures may be heading lower, allowing Fed officials additional time to assess the recent economic...
Fall Travel Plans on Hold Amid Fading Growth
This is an unusually sparse week for data releases, but there’s no shortage of economic chatter. There’s little question that the economy is...
Taper Timing Questioned After Payroll Shocker
The "substantial further progress" Fed officials were hoping to see in payroll growth didn’t happen. In fact, the meager +235k jobs added to nonfarm...