Weekly Update 01/31/2025: Fed Keeps Rate Unchanged
The Federal Open Market Committee voted unanimously to keep the federal funds rate target, its main monetary policy tool, in a range of 4.25%-5.00% as expected.
Weekly Update 01/24/2025: Earnings Season Rolls On With Impressive Results So Far
The number of Americans on benefit rolls climbed to a more than three-year high, while first-time applications for US unemployment insurance edged higher.
Weekly Update 01/16/2025: Our offices will be closed on Monday, January 20, in observance of Martin Luther King, Jr. Day. The equity and bond markets will also be closed. We will reopen during normal business hours on Tuesday, January 21.
This week, two key inflation measures were updated. The producer price index (PPI) from the Bureau of Labor Statistics (BLS) revealed that wholesale prices unexpectedly cooled in December.
Weekly Update 01/10/2025: US Adds 256,000 Jobs in December – Well Ahead of Expectations – as Unemployment Rate Drops to 4.1%
US employment in December advanced by the most in nine months and the unemployment rate unexpectedly fell, capping another year of resilience in the labor market.
Weekly Update 01/03/2025: Happy New Year from All of US at SGK!!
Home-price growth in the US slowed in October as buyers gained more bargaining power. A national gauge of prices rose 3.6% from a year earlier, according to data from S&P CoreLogic Case-Shiller.
Weekly Update 12/27/2024: On Track for Solid Year
The Census Bureau reported on Monday that new home sales in November rose 5.9% to a 664,000 annualized rate. That was a little below but still close to in line with the median estimate of 669,000 in a survey of economists by Bloomberg.