The conflict with Iran and elevated oil prices continue to dominate market sentiment. The U.S. proposed a memorandum of understanding which would lead to the gradual reopening of the Strait
The Federal Open Market Committee (FOMC) held the federal funds rate at 3.50% to 3.75% on April 29, an outcome consistent with expectations but accompanied by data that complicated the
Although geopolitical events and challenges to Fed independence made headlines this week, financial markets looked beyond these developments and focused on inflation and the consumer. The Consumer Price Index (CPI)
The government shutdown is still causing data availability issues, including no employment report for November which would have been published this Friday. Private payroll data from ADP on Monday provided