A milestone in the U.S.-China trade dispute has boosted corporate sentiment, according to the Federal Reserve’s (Fed) latest Beige Book.
In the Beige Book, the Fed presents qualitative observations made by community bankers and bus
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A milestone in the U.S.-China trade dispute has boosted corporate sentiment, according to the Federal Reserve’s (Fed) latest Beige Book.
In the Beige Book, the Fed presents qualitative observations made by community bankers and bus
...Consumer inflationary pressures grew at a healthy, but manageable rate in December 2019.
The core Consumer Price Index (CPI), which excludes food and energy, rose 2.3% year over year last month, around the fastest pace of the economic cy
...U.S. companies’ hiring momentum slowed in December, ending an otherwise upbeat 2019 on a somewhat down note.
Nonfarm payrolls rose by 145,000 in December, below consensus estimates for a 160,000 gain. Manufacturing payrolls slid by
...U.S. manufacturing health continued to slide, despite the United States and China moving closer to a limited trade agreement.
The Institute for Supply Management’s (ISM) manufacturing Purchasing Managers’ Index (PMI) fell to
...2019 was the year of the U.S. consumer.
When the year started, trade tensions were heating up and recession calls had grown louder. Many investors saw the end of the business cycle coming as the expansion was on the cusp of becoming the
...U.S. leading indicators for November came in flat compared to October, ending a three-month streak of declining values. While investors cheered the end to the skid, the reading was below consensus expectations for a 0.1% increase.
The Co
...The fourth quarter is winding down, and investors are getting nervous that volatility in the short-term lending market could flare up once again.
Rates on repurchase agreements (repos) jumped in September 2019 amid a shortage of cash ava
...December has been widely viewed as a strong month for stocks, with this year following suit so far. What many probably don’t realize, however, is the majority of the gains have taken place late in the month.
“December has bee
...Boris Johnson is still the Prime Minister of the United Kingdom (U.K.) after the British public voted Thursday to give his Conservative party a clear victory.
After a contentious campaign dominated by the prospect of the U.K.’s wit
...The Federal Reserve (Fed) officially tied a bow on 2019 with another policy pivot.
On December 11, the Fed announced it would leave rates unchanged, concluding a string of three 25-basis point (0.25%) rate cuts from July to October.
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