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Keel Point
Keel Point Chief Economic Advisor Steven Skancke spoke on Bloomberg’s Businessweek podcast about the recent Federal Open Market Committee (FOMC) meeting. The episode explores the ongoing impact of the Coronavirus on our economy.
Listen NowSteven Skancke is Keel Point’s Chief Economic Advisor and works in Keel Point’s Washington D.C. office. He has over 40 years of experience and has formerly served on the U.S. Treasury’s economic policy team and the White House National Security Council.
The big news last week was hotter inflation from energy/gasoline price increases and stronger than expected consumer spending. This takes on more importance for the Fed’s FOMC meetings this Tuesday and Wednesday. While the Fed likely will not raise interest rates at...
Not withstanding positive economic growth, low unemployment, and declining inflation, 58% of voters say the economy has gotten worse over the past two years, only 28% say it has gotten better, and nearly 75% say inflation is headed in the wrong direction, according to...
Labor Day celebrates our workforce while marking the end of summer. This year it also reminds us of that new jobs and new entrants to the work force are contributing to a resilient U.S. economy and declining inflation. The S&P 500 ended August down 1.8% but...