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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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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...The core Consumer Price Index (CPI), which excludes food and energy prices, rose 2.3% year over year in November, just below a cycle high of 2.4% growth last reached in September 2019.
Inflationary pressures have recovered noticeably sin
...The U.S. job market bounced back in November.
Nonfarm payrolls increased 266,000 last month, a 10-month high and well above consensus estimates for a 180,000 gain. September and October payrolls were also revised up by 41,000. Manufactur
...This Thanksgiving, we’re thankful for solid consumer confidence, even though it has wavered in recent months.
Consumer confidence fell for a fourth straight month in November, according to preliminary Conference Board data. Even th
...October’s leading indicators show the domestic economy could be bottoming.
The Conference Board’s Leading Economic Index (LEI) declined 0.1% in October, following a downwardly revised 0.2% decline in September. As shown in th
...An upbeat economic outlook may be edging out elevated downside risks in the Federal Reserve’s (Fed) decision-making.
Minutes from the Fed’s October meeting showed policymakers discussed both dynamics at length, as they have a
...U.S. consumers continue to open up their wallets, according to the October retail sales report.
Retail sales rose 0.3% last month, the measure’s seventh gain in eight months. Retail sales’ rise was led by a 1.1% gain in gasol
...The long wait may be over. No, we aren’t talking about a U.S.-China trade agreement, though that may come before the end of this year. The two sides continue working on a few sticking points.
We’re talking about stabilizing g
...Consumer inflation continued at a moderate, but manageable, pace in October.
As shown in the LPL Chart of the Day, the core Consumer Price Index (CPI), which excludes food and energy prices, rose 2.3% year over year in October. That&rsqu
...Stalled business spending is having ripple effects on U.S. company efficiency.
Nonfarm productivity (output per worker) unexpectedly slid 0.3% in the third quarter, according to a Bureau of Labor Statistics (BLS) report released November
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