Quarterly Economic Updates

Highlights “With anti-inflationary policy holding interest rates at a nearly 17-year high, the Federal Reserve finally softened their hawkish stance in the wake of March’s banking crisis. The Fed indicated…

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.”…

Highlights “Balancing a robust economic recovery with searing inflationary pressures continues to be a main challenge for the U.S.” Summary In the 4th quarter of 2021, the U.S. economy pressed…

Highlights “Supply chains across the globe continue to face complex challenges in both production and shipment. Worker shortages represent a particular challenge to supply, affecting availability of parts as well…

Highlights “The near-term economic outlook will largely depend on the US and the rest of the world’s success in inoculating its populace from the virus while rebuilding the economy.” Summary…

Summary The first quarter of 2021 experienced the peak of U.S. cases in early January and a shaky vaccine rollout before offering a glimmer of hope in late January. While…

Summary In the 4th quarter of 2020, the U.S. economy continued its rebound from the fallout of the COVID-19 pandemic. Emergency vaccine approvals and a second relief bill, the Coronavirus…