Behind the Numbers Archive
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Behind the Numbers - Nov 8, 2024
Recalibration Step 2 - The Fed unanimously voted to cut the benchmark rate by 25 basis points to a target range of 4.50% - 4.75%. According to Federal Reserve Chair Jerome Powell, the move was the...
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Behind the Numbers - Nov 1, 2024
Distortions or Reality - There was lots of discussion leading up to the monthly job report due to the hurricanes and ongoing Boeing strike occurring during October. No one was quite sure how these...
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Behind the Numbers - Oct 25, 2024
Reversing Course or Not? - The Federal Reserve cut rates by 50 basis points in September. Since then, Treasury yields have surged. The two-year note yield is up over 40 basis points and the 10-year yield...
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Behind the Numbers - Oct 11, 2024
Warm, but Not Hot - The read on September’s CPI report depends on how one interprets the data. Consumer inflation increased more than expected on all levels last month but was the same or...
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Behind the Numbers - Oct 4, 2024
Jobs Back on Track - So much for a weak job market, at least as far as the September data shows. The U.S. added 254,000 jobs last month with the standard two-month revision giving back 72,000...