Inflation slowed to 7.7% in October
The Consumer Price Index rose 0.4% in October on a seasonally adjusted basis after rising 0.4% in September, according to...
Economy
Consumer sentiment decreases in November
Consumer Sentiment was 54.7 in November, according to the University of Michigan Consumer Sentiment Index. November’s figure was 5.2 points...
Brainard suggests Fed could slow pace of rate increases
It soon may be appropriate to slow the pace of increases in the federal funds rate, Lael Brainard, vice chairwoman...
New York Fed: Consumer inflation expectations rise
Consumer inflation expectations increased in the short, medium and longer terms in October, according to the Federal Reserve Bank of...
Mind the GAAP: Assessing bank health in the current environment
Regulatory capital, together with other risk metrics, is a better assessment than tangible-based capital measures when assessing bank conditions.
Fed’s Williams: Longer-run inflation expectations in line with FOMC target
Longer-run inflation expectations during the past year and a half have remained “remarkably stable” at levels broadly consistent with the...
The NFIB Small Business Optimism Index declined 0.8 points in October, measuring 91.3
A seasonally adjusted net 20.0% of owners plan to create new jobs in the next 3 months, down 3 points...
Consumer credit increases in September
Consumer credit increased at a seasonally adjusted annual rate of 6.8% in the third quarter and 6.4% in August. Total...
ISM: Service sector expands in October
The ISM Services Index registered 54.4%; 2.3 percentage points lower than September’s reading of 56.7%. This reading represents the 29th...
261,000 jobs added in October, unemployment rate at 3.7%
Total nonfarm payroll employment rose by 261,000 in October, according to the Bureau of Labor Statistics. Total unemployed persons edged...
