Weekly Economic Commentary
WEEK OF MAY 22, 2026
Kevin Warsh was sworn in as the new Federal Reserve Chairman on Friday, ending the eight-year leadership of Jerome Powell. Mr. Powell will not be leaving the Fed, as is customary, but will be moving down the table as a governor until he deems conditions are right for a departure. We expect the transition to…
Previous Weeks
WEEK OF OCTOBER 3, 2025
We thoroughly expected to delve into the all-important September jobs report this morning but, of course, the BLS, the agency responsible for releasing the report, is shut down along with…
WEEK OF SEPTEMBER 26. 2025
The economic tailwinds continue to gather strength, pushing the early-year slog in activity further back in the rear-view mirror. Even the downtrodden housing sector provided some upbeat data this week,…
WEEK OF SEPTEMBER 19, 2025
Amid a busy data calendar, the Federal Reserve took center stage this week and much of the drama took place behind the scenes. Heading into the much-anticipated policy meeting it…
WEEK OF SEPTEMBER 12, 2025
It’s party time for Fed watchers, as policymakers are expected to add more punch to the bowl this coming week. Following a ten-month abstention, officials are likely to resume the…
WEEK OF SEPTEMBER 5, 2025
The continued slowdown in job growth last month will not please the administration, but at least it wasn’t blindsided by the astonishing downward revisions to previous months that appeared in…
WEEK OF AUGUST 22, 2025
The weekly commentary will not be published over the Labor Day weekend. The next issue will be published on September 5. All eyes were on the annual Jackson Hole symposium…
WEEK OF AUGUST 15, 2025
The government pressure on the Fed to cut rates next month has reached a fever pitch, with the president, Treasury secretary and other administration officials, not to mention some members…
WEEK OF AUGUST 8, 2025
The political maelstrom following the surprisingly weak jobs report last week has subsided, but the shift in perceptions regarding monetary policy and, importantly, the economy’s performance remains intact. Until recently,…
WEEK OF AUGUST 1, 2025
The debate over whether the economy is responding more to tariffs or interest rates will undoubtedly heat up, as the week’s busy calendar of data only added fuel to the…
WEEK OF JULY 25, 2025
We are entering the dog days of summer, and the oppressive heat and humidity are, on schedule, buffeting the weather-weary victims of Mother Nature. Another target taking the heat is…
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