FOMC Commentary – December 10, 2025
The Federal Open Market Committee (FOMC) of the Federal Reserve cut interest rates by 25 bps, with the Fed Funds target range now 3.5%-3.75%. This rate cut is not expected Five Charts for the Week That Was: November 21, 2025
A good example of how the government shutdown has affected critical economic data is provided by the continuing jobless claims report released this week by the Bureau of Labor Statistics. Five Charts for the Week That Was: November 7, 2025
The federal government shutdown continues, and the monthly employment report from the Bureau of Labor Statistics (BLS) is still missing in action. ADP measures employment very differently from the BLS
FOMC Commentary – October 29, 2025
The interest rate decision announced by the Federal Open Market Committee (FOMC) contained the expected quarter-point reduction in the Federal Funds target range to 3.75%-4.0%. Several less expected and highly significant developments Five Charts for the Week That Was: October 24, 2025
First, a big, complicated chart for a very big, complicated issue: rare earth elements. President Trump has scheduled a much-anticipated meeting with China’s President Xi for next Thursday, October 30. Five Charts for the Week That Was: October 3, 2025
Convincing consumers that the US economy is growing in excess of 3% (the latest reading from the Atlanta Federal Reserve GDPNow project) is a bit of a challenge at the Chief Economist Jeanette Garretty on Bloomberg: The Asia Trade
Chief Economist Jeanette Garretty joined Bloomberg: The Asia Trade to discuss the economic impact of the U.S. government shutdown and its potential effects on markets and growth. Watch Jeanette here. FOMC Commentary – September 17, 2025
The Federal Open Market Committee (FOMC) voted to lower the Federal Funds rate target range by 25bps, from 4.25%-4.5% to 4%-4.25%. The context provided for this move was as important as Five Charts for the Week That Was: August 22, 2025
Inflation continues to track at 2.5%-2.75%, although the impact of tariffs can be detected in the higher, 3%+ rate of core inflation and the recent increase in the Producer Price