Economic Commentary

MARKETS & INVESTING September 21, 2022   No interest rate cuts are in sight until 2024, according to the Fed’s new dot plot. The Fed aims to keep interest rates higher for longer. FOMC raised the federal funds rate by 75 basis points. Restrictive monetary policy may push the economy into a recession. The U.S. […]

ECONOMY & POLICY September 16, 2022   Chief Economist Eugenio J. Alemán discusses current economic conditions. This week’s headline inflation, or headline consumer price index (CPI), number was very disappointing, but not because it was too high. It was actually very low. The reason it was disappointing was because it was not low enough. And […]

ECONOMY & POLICY September 13, 2022   The S&P 500 had its worst day since March 2020, but don’t lose sight of the bigger picture, said Larry Adam, chief investment officer at Raymond James. The financial markets have had a laser focus on inflation as it has such a huge impact on the prospects of […]

ECONOMY & POLICY September 09, 2022   Chief Economist Eugenio J. Alemán discusses current economic conditions. For anybody watching the behavior of the US economy during the last couple of years it is clear that it is not-WYSIWYG (What You See Is What You Get). The presumed technical definition of two consecutive quarters of negative […]