Most notably, inflation expectations worsened, with the 12-month gauge advancing to 4.9% and the five-to-10 metric increasing to 3.9%. … READ MORE >
USA
The waiting is the hardest part: Fed can’t do anything about tariffs
We expect the Fed to keep its policy rate in a range between 4.25% and 4.5% while adjusting its Summary of Economic Projections to anticipate slower growth at or near 2%. … READ MORE >
Market minute: Drill, baby, drill and the 25% tariffs on steel and aluminum
The spot price of 5.5-inch diameter North American steel pipe, used by drillers to extract oil, has soared more than 20% over the past month. … READ MORE >
Market minute: Rates in Europe and Japan signaling a stronger euro and yen
The dollar’s recent five-month appreciation versus the euro appears to have topped out, reversing the dollar’s move toward parity. … READ MORE >
Quantum of solace: Inflation cools ahead of tariff-induced price increases
Service inflation and rents, though, are still advancing a well above 4%, which in conjunction with slowing growth does not bode well for the economy … READ MORE >
Large health systems eye growth, cost management, strategic partnerships
The theme of growth in revenue and admissions was prevalent among some of the largest publicly traded health systems as they posted their earnings announcements recently. … READ MORE >
Market minute: The policy determinants of the rising euro
The euro is poised to appreciate against the dollar as the continent loosens fiscal restraints to rebuild its defenses. … READ MORE >
Job openings rise above expectations in January
The quit rate, a proxy for labor demand, rose in January, indicating that workers were in a stronger bargaining position as demand increased. … READ MORE >
Market minute: Risk of stagnation, stagflation and slower growth
Despite the trading community pricing in three rate cuts this year, employment, wage and inflation data imply a Fed that may be reluctant to reduce rates into an economy that is slowing amid sticky inflation. … READ MORE >
Join a discussion on the economy with RSM and U.S. Chamber of Commerce
Join RSM US Chief Economist Joe Brusuelas and U.S. Chamber of Commerce Executive Vice President Neil Bradley as they discuss the latest economic trends affecting middle market businesses. … READ MORE >