by Simona Mocuta | Nov 2, 2026 | Economic Perspectives
US: Strong growth, Fed waits for next move The Fed’s October meeting was the first “non-event” occurrence in quite a while. As widely expected, the FOMC left the Fed Funds rate unchanged in the 3.75%-4.00% range, though with two somewhat unexpected dissents favoring a...
by Simona Mocuta | Oct 26, 2026 | Economic Perspectives
US housing activity is weakening as mortgage rates rise While the overall economy continues to grow thanks to solid consumer spending and the AI-related capex boom, the housing sector is in considerable pain. The situation may well get worse before it gets better...
by Simona Mocuta | Oct 5, 2026 | Economic Perspectives
Softer labor market eases Fed angst Even before the September employment data was released on Friday, downward revisions to the PCE price deflator helped alleviate the sense of urgency for an October Fed hike that had previously permeated the market. After the labor...
by Simona Mocuta | Aug 31, 2026 | Uncategorized
Looks like we have work to do There might not have been many “tier 1” macro data releases this week, but there was a top-tier event: the Fed’s Jackson Hole symposium. It was Chair Warsh’s first opportunity to deliver longer-form remarks since taking the helm at the...
by Simona Mocuta | Aug 17, 2026 | Economic Perspectives
More reassuring inflation news One month never makes a trend, which is why June’s excellent inflation report had to be read primarily as relief after a stretch of elevated readings. Two months will not make a trend, either, but they represent a growing body of...
