Economy, Strategy & Finance Data Reactions
2022
-
A More Hawkish Fed May Trigger a Recession
June 15 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)The Fed hiked interest rates by 75 basis points today and indicated that the Fed Funds rate would enter restrictive territory by the end of 2022.
-
CPI Reaction—Prices Reach 41-year High Supporting Fed Hike
June 10 | Dana M. Peterson, Chief Economist and Leader, Economy, Strategy & Finance Center, The Conference Board | Comments (0)Although prices for select durables are falling, the war in Ukraine continues to stoke nondurables prices, particularly for food and energy.
-
Employment Report Shows Another Month of Solid Job Growth
June 03 | Agron Nicaj, Associate Economist, The Conference Board | Comments (0)Commentary on today’s U.S. Bureau of Labor Statistics Employment Situation Report
-
Real Spending Rises as Inflation Lessens in Intensity
May 27 | Dana M. Peterson, Chief Economist and Leader, Economy, Strategy & Finance Center, The Conference Board | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)The April Personal Income & Outlays data had many positive notes even as recession fears are rising amid high inflation and Fed rate hikes.
-
April retail sales continued to expand despite headwinds
May 17 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)The latest retail sales data show an economy that still has momentum despite headwinds from high inflation and rising interest rates.
-
April CPI Moderates, but Inflation Remains Problematic
May 11 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)This is the first time this widely-followed gauge of inflation increased at a slower clip in eight months.
-
Employment Report Shows Continued Solid Job Growth
May 06 | Agron Nicaj, Associate Economist, The Conference Board | Comments (0)Today’s jobs report showed further job gains in April, following months of solid growth in the first quarter of 2022.
-
Fed hikes rates by 50 basis points, the most in 22 years
May 04 | Erik Lundh, Senior Economist, Global, The Conference Board | Comments (0)As expected, the Fed hiked interest rates by 50 basis points today, the largest one-month increase in 22 years.
-
Wage growth remains high amid labor shortages
April 29 | Agron Nicaj, Associate Economist, The Conference Board | Comments (0)The 2022 Q1 Employment Cost Index data revealed continued pressure on wages amid labor shortages.