by Simona Mocuta | Jul 21, 2025 | Economic Perspectives
The Fed remains on hold amid modest inflation gains and political noise around Chair Powell. Fed on hold for now, but not for much longer The June CPI data was the week’s main macro data event, but it was overshadowed by speculation around the search for the next Fed...
by Simona Mocuta | Jul 14, 2025 | Economic Perspectives
The One Big Beautiful Bill brings tax clarity amid global trade uncertainty. The big beautiful bill is now law The signing into law of the One Big Beautiful Bill (OBBB) marks the second most important economic policy development since the April 2 tariff announcements....
by Simona Mocuta | Jul 9, 2025 | Economic Perspectives
Stronger US jobs data dims July rate cut hopes. It is turning into a bit of a pattern: a payroll report that bests expectations on headline, but with weak details. This was certainly the case in May, when solid employment gains during that month were accompanied by a...
by Simona Mocuta | Jun 2, 2025 | Economic Perspectives
Unsurprisingly, US macro data continues to send mixed messages. Consumer sentiment improved following tariff relief, but personal spending cooled as consumers took a break following a torrid spending month in March. The labor market appears Unsurprisingly, US macro...
by Simona Mocuta | May 27, 2025 | Economic Perspectives
It has been clear for a while that the 2025 spring home buying season was going to be rather uninspiring. Additional data this week confirmed this assessment. Admittedly, new home sales surprised positively in April with sales at 743k annualized, but this was largely...
by Simona Mocuta | May 19, 2025 | Economic Perspectives
Both overall and core (excluding food and energy) consumer prices rose by 0.2% MoM. This allowed the headline inflation rate to ease to 2.3% YoY, while the core inflation rate remained unchanged at 2.8% YoY. These figures are the lowest since early 2021. However,...
