Economic Commentary

Markets & Investing December 18, 2024 With persistent inflation and a resilient economy, the Fed’s updated projections show two rate cuts next year. The pace of interest rate cuts will slow in 2025 as the Federal Reserve (Fed) released its updated Summary of Economic Projections (SEP) and dot plot as part of its December 17-18 […]

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 […]

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 […]

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 […]