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Comments based on information available as of 7:30 am CT on 1/16/2026
Growth: Brighter days ahead?
The Fed’s Beige Book (a collection of qualitative information from around the country) finally said economic activity is improving. It’s a “slight to modest” impro...
SINGAPORE, Jan 12 (Reuters) – Tensions between the White House and the U.S. central bank sharply escalated over the weekend, with Federal Reserve Chair Jerome Powell saying the administration had threatened him with a criminal indictment related to the Fed headquarters renovation.Powell called the threats a “pretext” aimed at putting pressure on the Fed to cut interest rates....
Comments based on information available as of 8:45am CT on 1/9/2026
Growth: Ending With a Thud
The nonfarm payroll number was less than thrilling. A gain of 50,000 is better than a loss, but we do know that these numbers will likely be revised lower. In 2024, payrolls increased more than ...
