How Cool Is Too Cool? The economy has gradually cooled over the last year or two, but where is it headed? Inflation has come down notably, while the labor market continues to remain resilient (even though it’s not as blazing hot as it was two years ago). As Federal Reserve Chair Jerome Powell noted at…Read more
Are the Pieces Falling Into Place? The path to the Federal Reserve lowering interest rates depends on important economic data, such as jobs and inflation, continuing to cool. As of Friday last week, we can check the first item off the list after the June unemployment rate rose, and the number of jobs added in…Read more
