Data Deluge | Weekly Economic Commentary | May 7, 2018

KEY TAKEAWAYS Economic data received over the first week of May indicated steady economic growth with only marginal risk of overheating. The Fed continues to indicate a gradual pace of rate increases with some tolerance for inflation above target. Job growth remains...

Beige Book | Weekly Economic Commentary | April 23, 2018

KEY TAKEAWAYS Based on our analysis, the Beige Book continues to deliver a positive view of the U.S. economy. The Beige Book Barometer fell to +55 in April, but remains within its recent range. Price and wage pressures remained moderate, but trade concerns were...

Inflation In-Depth | Weekly Economic Commentary | April 16, 2018

KEY TAKEAWAYS CPI and PPI moved higher in March, but inflation remains manageable. Core PCE, the Fed’s favored inflation measure, remains below the Fed’s 2% target. nflation at current levels, even if sustained over the next few months, could result in a total of...

Jobs and Trade in Perspective | Weekly Economic Commentary

KEY TAKEAWAYS Headlines related to trade and the March jobs report led to market weakness last week. While the risk of further escalation of trade disagreements exists, the United States and China remain open to negotiations. The March jobs report missed expectations,...