Economic Commentary

Economy & Policy February 10, 2025 While the expectation is Congress will raise the debt ceiling, the process is likely to be volatile. The turn of the calendar to 2025 brought with it the end of the federal debt limit suspension. Congress is now on the clock to reach an agreement on raising the debt […]

Economy & Policy February 07, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. Tariffs seem to have become a staple of Americans’ dictionaries lately as the new administration uses this policy instrument to achieve objectives that are not directly tied to the reasons tariffs have been used in the past. That is, typically, […]

Economy & Policy January 31, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. In the aftermath of this week’s Federal Open Market Committee (FOMC) decision to hold the fed funds rate unchanged (which was what markets were expecting), markets and analysts concluded that Federal Reserve (Fed) members had changed their views on inflation […]

Economy & Policy January 24, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. Next week we will have the first Federal Open Market Committee (FOMC) meeting decision on interest rates of the year, where Federal Reserve (Fed) officials are expected to leave the federal funds rate unchanged after cutting the rate by 25 […]