July 19, 2021

Inflation has now surpassed the FOMC’s 2% target, as the headline PCE price index rose +0.4% m/m and +3.9% y/y in May.

July 12, 2021

The June jobs report showed encouraging improvement in the labor market as firms make progress in filling a record number of job openings.

June 28, 2021

The May jobs report showed moderate improvement in the labor market as firms make some progress in filling a record number of openings, but reflects an uneven recovery as a surging post-pandemic economy bumps up against labor supply constraints.

June 14, 2021

Inflation has now surpassed the FOMC’s 2% target, as the headline PCE price index rose +0.6% m/m and +3.6% y/y in April.

June 7, 2021

The May jobs report showed moderate improvement in the labor market as firms make some progress in filling a record number of openings, but reflects an uneven recovery as a surging post-pandemic economy bumps up against labor supply constraints.

May 24, 2021

Inflation has now reached the FOMC’s 2% target, as the headline PCE price index rose +0.5% m/m and +2.3% y/y in March. The core PCE deflator also accelerated to +0.4% m/m and +1.8% y/y, matching market expectations.

May 17, 2021

Inflation has now reached the FOMC’s 2% target, as the headline PCE price index rose +0.5% m/m and +2.3% y/y in March.

May 10, 2021

Despite falling sharply short of consensus expectations, the April jobs report showed moderate improvement in the labor market and reflects a pandemic economy transitioning to a post-pandemic economy.

May 3, 2021

1Q21 real GDP grew at a 6.4% q/q seasonally adjusted annual rate. Increases were broad based, with the exception of trade and inventories.