Economic Commentary

Economy & Policy March 28, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. We were in the camp that the new administration was using the threat of tariffs as an instrument to negotiate deals with other countries, especially with our largest trading partners, Canada and Mexico. However, that no longer seems to be […]

Economy & Policy March 21, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions.  This week, and according to many, Federal Reserve (Fed) officials jumped onto the uncertainty bandwagon, along with consumers and businesses, waiting for more policy clarity from the Trump administration – and who could blame them with policies in daily flux? […]

Markets & Investing March 19, 2025 Despite the increase in policy uncertainty, the Federal Reserve held its forecast steady at the March FOMC meeting with two rate cuts projected in 2025. With tariff hikes and policy uncertainty causing waves of volatility to run through the markets in March, attention turned to the March 18-19 Federal […]

Economy & Policy March 14, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. Markets have been overwhelmed lately by the administration’s fast-paced and, many times, highly uncertain tariff measures. So much so, that nobody seems to have realized that recent inflation numbers have come in better than expected, and the prospects for more […]