news & Insights

In May, U.S. inflation moderated with CPI, PPI, and PCE all cooling. The Fed's closely-watched "super core inflation" declined MoM for the first time since April 2020, primarily driven by lower service costs, especially in financial services and insurance. Despite...

In April, Trump's volatile tariff policies and his continued criticism of Powell continued to roil markets, while simultaneously being constrained by U.S. Treasury yields. The U.S. GDP declined by 0.3% in the first quarter, marking its first contraction in three...

The US February CPI and PPI came in lower than expected, but core PCE rose more than anticipated. Consumer inflation expectations surged to the highest level since 1993, as the market worries upcoming tariffs will significantly push up prices. At the March FOMC...

In February, the US CPI for January came in higher than expected across the board. Despite the tariffs not yet being implemented, inflation has been rebounding for several consecutive months. Additionally, Powell reiterated during Congressional testimony that the Fed...

In January, the US Q4 2024 GDP grew 2.3% annualized, below the expected 2.6% and prior 3.1%. Manufacturing PMI continued rising, while December CPI and PCE were in line with forecasts, easing inflation concerns. However, the Fed held rates steady in its first 2025...

In December, the US CPI for November increased 2.7% YoY, in line with expectations and higher than the previous 2.6% rise. The US inflation data was generally in line with expectations, but showed some stickiness. Retail sales in November rose 0.7% MoM, higher than...