Economic Commentary
Higher oil prices complicate monetary policy
Economy & Policy June 13, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. If there is something the Federal Reserve (Fed) does not want to see today, as it approaches next week’s Federal Open Market Committee (FOMC) meeting, it is a shock to oil prices. The reason for this is that it brings […]
Lost opportunity, closed window and measurement issues
Economy & Policy June 06, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. The Federal Reserve (Fed) lost its chance to lower interest rates further during the first half of the year, when inflation came down to close to its 2.0% target with very limited risk that its decision would have triggered higher […]
Court delivers good news on tariffs, but…
Economy & Policy May 30, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. Since the start of the second Trump administration and its strategy of imposing tariffs, we have stated that we are not fans of tariffs as an economic policy instrument. We have also noted that many of the tariffs imposed are […]
Travel securely: Keep your information protected on the go
Technology & Innovation Learn about a few simple things you can do to protect your personal information while you travel. Travel can be one of life’s great pleasures, especially when you’re enjoying retirement. Exploring new-to-you countries or revisiting favorite spots is fulfilling, whether traveling by yourself or with family or friends. Regardless of who you […]