Kevin Hassett, Fed and Trump
Digest more
October jobs and inflation reports are canceled and November data are delayed until after the Fed's Dec. 9-10 meeting. What this may mean for rates.
The Fed’s latest Beige Book points to weaker hiring, softer consumer spending, and moderate price pressures as policymakers weigh a potential year-end rate cut.
The San Francisco Federal Reserve warns that current tariffs are "unprecedented in magnitude" compared to 40 years of trade data, making economic predictions uncertain.
The last piece of inflation data the Federal Reserve will see before its pivotal December meeting to debate another interest-rate cut showed just a mild increase in wholesale prices even before the government shutdown.
According to the Fed’s latest Beige Book, businesses are doing all of the above (and more) to try and avoid announcing mass layoffs. The result is that consumers are feeling less optimistic about their career options,
Texas factory activity expanded at a markedly faster pace in November, according to business executives responding to the Texas Manufacturing Outlook Survey. The production index, a key measure of state manufacturing conditions, rose 15 points to 20.5, indicating a notable pickup in output growth.
Morgan works with the Hackensack Meridian Health Foundation and has donated more than $200,000 to families in need