Possible Second Wave Last week we got important jobs data, this week we get important inflation data. Both are important drivers of financial markets, but just how influential each is depends on investors’ view of its risk to the Federal Reserve’s dual mandate of maximum employment and price stability. If perceived risks are greater with…Read more
To Cut or Not to Cut The Federal Reserve is approaching a critical inflection point in its monetary policy journey. Here’s why: Fed officials are increasingly indicating that interest rates may be near the upper end of the so-called “neutral rate” (i.e. the level at which monetary policy is neither stimulating nor restraining economic activity)….Read more
Estimated reading time: 3 minutes Light at the End of the Tunnel Soaring grocery prices have been a massive headache for American families in recent years. But there is light at the end of the tunnel: Online grocery prices just registered their biggest monthly price drop on record. Prices for online food shops fell 3.7% month-over-month in…Read more
