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… of the year, economic growth remained near its long-term trend of 2% but not without challenges, as growth continued to … all point to the return of a deflationary trend. A welcome sign after several months of hot inflation data called … We also watch OER, or owners’ equivalent rent, the largest component in CPI. It has been stubborn and slow to reflect …
… 14 months of declining readings from the Conference Board’s Composite of Leading Economic indicators, current economic … advance is largely attributed to the strength of consumer spending which grew 4.2%. An additional tailwind was positive … Powell, “Inflation pressures continue to run high, and the process of getting inflation back down to 2.0% has a long …
… totaling $2.8 trillion. Monetary and fiscal policy makers combined to deliver more stimulus than during the Great … unemployment is dropping, and multiple vaccines are becoming available. A new Act is emerging - brighter and more … rebuilding, a revival in travel, accelerating consumer spending and large government spending programs. Fiscal and …
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