by Keel Point | Apr 17, 2023 | Articles and Videos
Last week inflation news was encouraging but not sufficiently positive to keep the Fed from tightening another 25 bp at its May 2-3 meetings. Another rate boost, coupled with slowing growth and negative first quarter earnings, will put downward pressure on stock...
by Keel Point | Apr 3, 2023 | Articles and Videos
There is positive inflation news with the February Personal Consumption Expenditures (“PCE”) deflator showing a further drop in inflation. Stock markets reacted positively and closed up for the second month in 2023. February headline and core PCE inflation were 0.3%...
by Keel Point | Mar 6, 2023 | Articles and Videos
With inflation not coming down as quickly as hoped and the global economy holding up better than expected, investors are looking for interest rates to remain higher for longer, resulting in a negative impact in equity markets – the S&P 500 being down 3.2% over the...
by Steve Skancke, Ph.D. | Mar 1, 2023 | Articles and Videos
The Fed’s Open Market Committee meets this week and will most likely decide to increase its Fed funds target another 25 basis points, bringing it to 4.75%-5%, while acknowledging their readiness to adjust rate increases if banking system stability requires it. The...
