Keel Point Insights

Core CPI Inflation at 5.5% is mostly unchanged from the beginning of the year, although there are positive signs in producer prices and housing costs. Debt ceiling drama dominates economic news, driving consumer sentiment down again, and the S&P closed lower last...

As expected, the Fed raised the Fed funds rate by ¼% to a 5.00% to 5.25% target range this past week and signaled that this rate hike is likely to be its last – unless…. Its announcement dropped previous language that “some additional policy firming may be...