Commentary library
2024
July 18, 2024 | Economic Update | Incoming economic data shows that in the wake of the gradually slowing US economy inflation eased substantially last month, extending the recent downward drift in consumer price increases, setting the stage for the Federal Reserve to begin easing credit conditions by the end of this summer.
June 18, 2024 | Statement of Investment Policy | Recently released economic data shows that overall, the US economy has remained resilient in the face of the Federal Reserve’s highly restrictive monetary policy, continuing to expand at a solid rate, but showing some signs of deceleration from last year’s torrid pace.
May 13, 2024 | Economic Update | Economic indicators through mid-May remained surprisingly strong, delaying rate cuts. Recently released data raises the possibility that if there are additional signs of cooling, the central bank may move sooner than September to reduce its reference rate.
April 8, 2024 | Statement of Investment Policy | While incoming data last month provided confirmation the US economy can continue to expand without fanning inflation, it also suggests Federal Reserve interest rate cuts may be delayed.
March 11, 2024 | Economic Update | By most measures, the performance of the American economy has been exceptionally strong when contrasted with that of China and Europe which continue to struggle in this post pandemic era
February 6, 2024 | Economic Update | US economy is resilient and inflation has declined
2023
December 27, 2023 | Statement of Investment Policy | Declining inflation offers greater assurance the US can avoid recession Read more
December 11, 2023 | Economic Update | Consumer spending, inflation, and the job market have shown notable cooling in recent weeks Read more
November 6, 2023 | Economic Update | Strong employment gains and a burst of consumer spending drive economic growth Read more
September 25, 2023 | Statement of Investment Policy | Economic data tells largely positive story Read more
September 5, 2023 | Economic Update | US economy remains resilient Read more
August 1, 2023 | Statement of Investment Policy | Economy gaining momentum Read more
June 20, 2023 | Economic Update | Consensus outlook unchanged Read more
May 8, 2023 | Statement of Investment Policy | Overall US economic growth slows Read more
March 27, 2023 | Economic Update | Uncertain economic growth Read more
February 6, 2023 | Statement of Investment Policy | Inflation pressures moderating Read more
January 17, 2023 | Economic Update | Progress in battle to cool inflation Read more
2022
December 21, 2022 | Year-end Wrap-up Read more
November 14, 2022 | Economic Update Read more
October 18, 2022 | Statement of Investment Policy Read more
September 7, 2022 | Economic Update Read more
August 11, 2022 | Economic Update Read more
June 30, 2022 | Mid-year Economic Update Read more
May 31, 2022 | Economic Update Read more
April 20, 2022 | Economic Update Read more
March 21, 2022 | Economic Update Read more
February 7, 2022 | Economic Update Read more