Highlights “The Federal Reserve’s aggressive counter-inflationary policies, particularly interest rate raises, are expected to have a delayed restrictive effect on the economy.” Summary In the 4th quarter of 2022, the…

Highlights “elevated interest rates have taken a heavy toll on capital markets and slowed the housing industry’s seemingly unstoppable momentum” Summary In the 3rd quarter of 2022, inflation continued to…

Highlights “The labor market brought rare good news in the 2nd quarter of 2022, with the unemployment rate holding steady and the broader U-6 rate that includes discouraged and involuntary…

Highlights “The Federal Reserve warned that tightening monetary policy to curb inflation—namely, tapering its highly effective bond-buying program and beginning a series of interest rate hikes—would also constrain economic growth.”…