Economic Commentary
The Fed’s difficult decision at July’s FOMC meeting
ECONOMY & POLICY July 14, 2023 Chief Economist Eugenio J. Alemán discusses current economic conditions. We understand that markets have already decided for the Federal Reserve (Fed) regarding what it is going to do with rates during the July 25-26 Federal Open Market Committee (FOMC) meeting. Markets are betting 93.6% to 6.4% (as of […]
Risks and opportunities of a new economic era
ECONOMY & POLICY July 12, 2023 Ed Mills, Managing Director, Washington Policy, discusses how recent U.S. policy decisions are the foundation for an industrial renaissance aimed at building up the economic base and protecting it against certain geopolitical and supply chain risks. To read the full article, see the Investment Strategy Quarterly publication linked […]
Good news for the Federal Reserve on jobs and inflation: Hopefully on time to avoid a mistake
ECONOMY & POLICY July 07, 2023 Chief Economist Eugenio J. Alemán discusses current economic conditions. Today (July 7, 2023) was a good day for those that believe the Federal Reserve (Fed) has done enough to slow down economic activity in order to rein in the U.S. labor market as well as inflation, i.e., that […]
Employment growth is still too hot, even for this economy
ECONOMY & POLICY June 30, 2023 Chief Economist Eugenio J. Alemán discusses current economic conditions. The U.S. economy grew at a more than expected 2.0% annualized rate of growth during the first quarter of the year compared to the previous quarter. In some sense, this rate of economic growth makes a little bit more […]