by Jorge Tijerino | Oct 17, 2024 | Economy
In recent economic analyses, the United States has presented a picture of robust growth, significantly altering the narrative from potential downturns to one of sustained expansion. Here’s a detailed look at the factors that are fueling this bullish economic...
by Jorge Tijerino | Sep 11, 2024 | Economy
The latest inflation report shows that consumer prices rose at the slowest pace in over three years, with the Consumer Price Index (CPI) increasing by 2.5% year-over-year in August. This marks a significant deceleration from July’s 2.9% annual increase. The...
by Jorge Tijerino | Aug 26, 2024 | Economy
The recent statements by Fed Chair Jerome Powell at the Jackson Hole conference indicate a significant shift in monetary policy. Powell’s acknowledgment that “the time has come for policy to adjust” signals a move toward interest rate cuts, a stark...
by Jorge Tijerino | Jul 31, 2024 | Economy
The Federal Reserve has decided to keep interest rates steady, maintaining the benchmark rate between 5.25% and 5.5%. Here are the key points: Current Rate: The benchmark rate remains between 5.25% and 5.5%. Inflation Progress: Signs of progress toward the 2%...
by Jorge Tijerino | Jul 11, 2024 | Economy
The June 2024 Consumer Price Index (CPI) report has brought some significant news: inflation has fallen for the first time since 2020. The CPI declined by 0.1% from May and posted a 3.0% annual increase, surpassing economist expectations. Core inflation, which...
by Jorge Tijerino | Jul 8, 2024 | Economy
An economic update On Friday, the latest employment report for June 2024 was released, and it offers some interesting insights into the current labor market. Total nonfarm payroll employment increased by 206,000, showing steady growth, particularly in sectors such as...
