Economic Commentary

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 […]

Economy & Policy January 17, 2025 Chief Economist Eugenio J. Alemán discusses current economic conditions. When we hear the discussion about what the Federal Reserve (Fed) has to do or doesn’t have to do over the next several months there seems to be a serious misunderstanding of the objectives of monetary policy, at least in […]