Economic Commentary
Our shadow dot plot for December: An attempt to read FOMC members minds?
Economy & Policy December 13, 2024 Chief Economist Eugenio J. Alemán discusses current economic conditions. As we approach next week’s Federal Reserve (Fed) Federal Open Market Committee (FOMC) meeting, a meeting during which the Fed is going to lower interest rates by 25 basis points, it would be interesting to ask ourselves what we would […]
Inflation expectations, not inflation, will drive monetary policy in 2025
Economy & Policy December 06, 2024 Chief Economist Eugenio J. Alemán discusses current economic conditions. We have started to hear that inflation is no longer top of mind for US consumers and businesses going into 2025. Americans remain concerned with the level of prices, that is, with the fact that prices today are much higher […]
Fed Chairman not in a rush
Economy & Policy November 15, 2024 Chief Economist Eugenio J. Alemán discusses current economic conditions. The Federal Reserve (Fed) Chairman seems to be happy with the market’s new wisdom regarding the path of interest rates going forward. At a presentation on November 14, he said that the Fed is not in any hurry to reduce […]
Equity markets reaction to election: Strong.
Economy & Policy November 08, 2024 Chief Economist Eugenio J. Alemán discusses current economic conditions. Equity markets have reacted very positively to the presidential election as probably many assume that a new Trump administration will be more lenient in terms of regulation than a Democratic administration while the potential of tariffs could benefit domestic companies’ […]