Economic Commentary
Federal Reserve pushes pause on interest rate hikes
MARKETS & INVESTING June 14, 2023 The decision ends a run of 10 consecutive adjustments by the central bank, dating back to March 2022. The Federal Reserve (Fed) opted not to raise the federal funds rate at the June 2023 Federal Open Market Committee (FOMC) meeting. This pause brings an end to 10 consecutive […]
The U.S. labor market and what we may see in the second half
ECONOMY & POLICY June 09, 2023 Chief Economist Eugenio J. Alemán discusses current economic conditions. It is clear that economic indicators have been all over the place since the end of the pandemic recession in 2020 and that there is a lot of noise in these indices. Last Friday’s nonfarm payrolls survey versus the […]
Make data privacy a priority in 2023
TECHNOLOGY & INNOVATION As our lives become more digitally integrated, our data becomes more valuable. Often, data collectors say that the vast amount of information they take in is tightly secured or anonymized before it is packaged and resold. However, MIT researchers discovered in 2018 that individuals could be identified by combining two anonymized […]
Debt ceiling: Common sense prevailed
ECONOMY & POLICY June 02, 2023 Chief Economist Eugenio J. Alemán discusses current economic conditions. Late on Thursday night, the U.S. Senate followed the House of Representatives in passing the deal brokered by the Biden administration and the Speaker of the House, Kevin McCarthy, and it will now go to the desk of the […]