Research December Economic Commentary: Economic Activity Slows and Consumers Feel the Pressure as the End of 2023 Nears The recent edition of the Fed’s Beige Book reported that economic activity in eight out of the 12 Federal Reserve districts was flat or in contraction... December 12, 2023
Research November Economic Commentary: Today’s Contractionary Credit Cycle is Likely to Slow Economic Activity The initial reading of third quarter 2023 GDP showed that economic activity during the summer held up better than expected given the ongoing... November 13, 2023
Research Economic Commentary: Continued Stability in the Labor Market May Elongate Timeline for Interest Rate Cuts Declining inflation pressures this year have allowed the Federal Reserve to respond with a more gradual pace of interest rate increases since May as... October 16, 2023
Research September Economic Commentary: Signs Point to an Accelerating Economic Slowdown Data released in August showed that economic activity is holding up better than expected given the ongoing tightening of credit conditions... September 12, 2023
Research August Economic Commentary: Uncertain Economic Outlook May Cause Banks to Tighten Lending Standards Further in H2 2023 The lagging effects of the most aggressive monetary tightening cycle over the past 40 years are manifesting themselves in the banking system and... August 10, 2023
Research July Economic Commentary: Mid-2024 Becomes New Expected Timeline for Declining Fed Funds Rates There were no real surprises in the economic data reported in June. Reports for some key metrics came in a bit stronger than expected, but the overall... July 19, 2023
Research May Economic Commentary: Inflation Improves as Markets Brace for Possible Recession April witnessed ongoing stress among the regional banks as concerns have moved from unrealized losses in bank securities and the flight of uninsured... May 15, 2023
Research April Economic Commentary: Labor Market Remains Most Resilient Part of Today’s Economy The past month has seen further slowing in most economic activity reports. Inflation is improving but is still elevated, and there is ongoing... April 20, 2023
Research February Economic Commentary: U.S. Economy Giving Off Mixed Signals in Early 2023 End of the year reports released in January showed an economy with little momentum going into the new year. A few of the early reports for January... February 10, 2023
