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Everyday Economics: Will the current productivity boom fizzle out?
Last week, retail sales data confirmed that the financial condition of most households may have somewhat stabilized. Strong wage growth and a sharp decline...
Everyday Economics: Soft landing achieved but risks remain
Last month’s jobs report alleviated recession concerns, and last week’s Consumer Price Index (CPI) report showed headline inflation continued to move in the right...
Everyday Economics: This week’s iInflation report could send Treasury yields higher
A strong jobs report caused yields and mortgage rates to rebound sharply last week. Nonfarm payrolls increased by 254,000, marking the strongest gain since...
Everyday Economics: Expect less dovish Fed chatter in the week ahead
"We'll know neutral by 'its works.' We will gradually remove restrictions and observe how the economy reacts," the Federal Reserve chair said almost two...
Everyday Economics: With rate cut, consumer confidence should improve
Last week, the Federal Reserve delivered its first rate cut since the onset of the COVID-19 pandemic. Historically, reductions in the fed funds rate...