Instant Analysis: Jobs report for December

Scott Anderson
Chief Economist
Busy office setting with several well-dressed stock traders checking activity on their computer terminals.

The labor market continues to firm but is not yet at the overheating stage.

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U.S. Outlook: Tax reform reaches the finish line

Scott Anderson
Chief Economist
graph showing rise of debt as percentage of US GDP

This is largely a corporate tax cut bill with temporary personal income tax relief mixed in.

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U.S. Outlook: Consumers go shopping in the fourth quarter

Scott Anderson
Chief Economist
Graph showing retail sales

Retail sales gains have been impressive over the last three months.

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Instant Analysis: FOMC decides to raise interest rates again

Scott Anderson
Chief Economist
Exterior of the Federal Reserve in winter, with bare trees with loads of branches slightly obscure the building.

The December FOMC decision to raise the Fed funds target rate another quarter percentage point reveals a chink developing in the armor of a unified FOMC. 

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