Behind the Numbers Archive
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Behind the Numbers - Oct 11, 2024
Warm, but Not Hot - The read on September’s CPI report depends on how one interprets the data. Consumer inflation increased more than expected on all levels last month but was the same or...
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Behind the Numbers - Oct 4, 2024
Jobs Back on Track - So much for a weak job market, at least as far as the September data shows. The U.S. added 254,000 jobs last month with the standard two-month revision giving back 72,000...
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Behind the Numbers - Sep 27, 2024
Housing Stalled for Now - The only sign, as of now, that falling mortgage rates are impacting the housing market is the strong level of refinancings. Applications for refinancing have risen for the past three...
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Behind the Numbers - Sep 20, 2024
FED Recalibration at Work - Aside from deciding to lower interest rates by 50 basis points this week, the FOMC gave the markets a new buzzword — recalibration. I lost count of how many times Federal...
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Behind the Numbers - Sep 13, 2024
Inflation Slowly on Track - The main takeaway from this week’s important inflation data is that the Federal Reserve is likely to take a more cautious approach to cutting interest rates. Both August consumer...