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If all you wanted for Christmas was two percent inflation, you’re in luck!
Barring unforeseen events, it appears the United States Federal Reserve (Fed) is on the cusp of accomplishing a feat many…
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Have rates peaked?
Last week, at its final policy meeting for 2023, the United States Federal Reserve indicated that rates may have peaked.…
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Still exceeding expectations.
Last week, the United States Treasury market rallied. Yields fell and bond prices rose as some bond market investors enthusiastically…
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We’re cycling along.
It’s easy to forget that economic activity tends to move in cycles. A full cycle, known as the business cycle,…
