Powell: The Fed Is Being Transparent About Its Future Policy
In the 60 Minutes interview a week ago Sunday – Powell clearly designed to spread the central bank's latest message far and wide [...]
Jobs Information
While the official data from Uncle Sam continues to show a relatively strong labor market – December saw another increase in job openings, [...]
Commercial Real Estate – Office Rental Woes, Banking Exposure, Systemic Risk (?)
My friend Dan has extensive experience in the CRE world—including with all property types and in all market conditions—having worked on over 800 [...]
The Looming Shift in Commercial Real Estate: Navigating Post-Pandemic Challenges
Following are several summary bullet points followed by a link to the 60 Minutes story from last week. $1.2 trillion in commercial real [...]
US Economic Update: Job Growth Beats Expectations Amid Service Sector Slowdown
Last month’s job growth surprised to the upside. This report deviated from the Fed’s anticipated trend of a loosening labor market. Once again, [...]
War in the Middle East
The war in the Middle East has escalated and associated inflation risks have risen, too. Over the weekend, a U.S. destroyer ship along [...]
Fed Perspectives Clash with Market Predictions for Rate Cuts
Fed officials pushed back on the markets’ aggressive rate cut projections. Bostic: Source: Reuters Read full article Goolsbee: Source: @economics [...]
The Fed’s Pivot: Rate Cuts on the Horizon Amid Economic Shifts
It finally looks like the Federal Reserve's rate-hiking cycle has come to an end, as the central bank's policymakers signaled that more rate cuts could be [...]
Anticipating a Shift: Market Forecasts Defy Fed’s Stance on Rate Cuts
Despite Chair Powell’s pushback, the market now sees some 130 bps of rate cuts in 2024. Source: @financialtimes Read full article [...]
Understanding the Pulse of the Economy: November’s Beige Book Breakdown
The November Beige Book report from the Federal Reserve. Economic activity was softer, with mixed regional reports. The overall economic outlook has become [...]