The Economy Archives - CFO

GDP Contracts 0.9%, Fed Raises Rates 0.75% As Tightening Cycle Continues

GDP Contracts 0.9%, Fed Raises Rates 0.75% As Tightening Cycle Continues

"The Fed has a high pain threshold to get inflation back to target," warned analysts.

By Vincent Ryan | July 28, 2022

9.1% CPI Inflation Will Pressure Fed: Weekly Stat

9.1% CPI Inflation Will Pressure Fed: Weekly Stat

"This report keeps the Fed on course and is consistent with our call for an inflation-driven mild recession in the second half," said BofA economists.

By Vincent Ryan | July 13, 2022

CFOs: 9.3% Jump in Prices Will Wipe Out Real Revenue Growth

CFOs: 9.3% Jump in Prices Will Wipe Out Real Revenue Growth

The CFO Survey also found that CFO optimism about the U.S. economy fell to its lowest reading in nearly 10 years.

By Vincent Ryan | June 29, 2022

Tracking GDP Growth Estimates: Weekly Stat

Tracking GDP Growth Estimates: Weekly Stat

The Atlanta Fed's GDPNow model now projects 0% growth for the second quarter.

By Vincent Ryan | June 17, 2022

The Fed Gets Ready to Taper: Weekly Stat

The Fed Gets Ready to Taper: Weekly Stat

The Federal Reserve will attempt to shrink its massive securities portfolio to pre-pandemic levels.

By Vincent Ryan | April 11, 2022

Inflation Weighs on Consumers’ Minds: Weekly Stat

Inflation Weighs on Consumers’ Minds: Weekly Stat

Some consumers think their inflation-adjusted incomes will fall in the next year, according to the University of Michigan survey.

By Vincent Ryan | March 28, 2022

Stats of the Week: Diagnosing the Consumer

Stats of the Week: Diagnosing the Consumer

The latest consumer spending data is at odds with the notion consumers are anxious about the economy.

By Vincent Ryan | February 28, 2022

The Fed vs. Inflation: Playing Catch-Up

The Fed vs. Inflation: Playing Catch-Up

However many times the Fed raises interest rates in 2022, the impact won't be immediate.

By Vincent Ryan | February 14, 2022

U.S. Inflation Surges at Highest Rate Since 1982

U.S. Inflation Surges at Highest Rate Since 1982

The 7% increase in the CPI last month indicates there is "still tremendous momentum when it comes to inflation right now."

By Matthew Heller | January 12, 2022

World Bank Cuts 2022 Global Growth Forecast

World Bank Cuts 2022 Global Growth Forecast

“There is a pronounced slowdown underway. Policy support is being withdrawn and there is a multitude of risks ahead of us.”

By Matthew Heller | January 11, 2022

U.S. Adds Only 199,000 Jobs in December

U.S. Adds Only 199,000 Jobs in December

Economists see low unemployment and high labor-force participation as signs of labor market strength heading into 2022.

By Matthew Heller | January 7, 2022

Fed Minutes Show Heightened Inflation Concerns

Fed Minutes Show Heightened Inflation Concerns

"It may become warranted to increase the federal funds rate sooner or at a faster pace than participants had earlier anticipated.”

By Matthew Heller | January 6, 2022

Fed Shifts Toward Rate Hikes Next Year

Fed Shifts Toward Rate Hikes Next Year

The Fed's decision to speed up the tapering of its massive bond-buying program "says something about [its] desire to raise rates."

By Matthew Heller | December 16, 2021

U.S. Inflation Leaps 6.8% in November

U.S. Inflation Leaps 6.8% in November

The rise in the consumer price index was the biggest since 1982 and it was the sixth straight month that inflation has topped 5%.

By Matthew Heller | December 10, 2021

CFOs Expect Higher Costs May Last Through 2022

CFOs Expect Higher Costs May Last Through 2022

The overwhelming majority (about 80%) of respondents to The CFO Survey are raising prices rather than absorbing the increases.

By Vincent Ryan | December 2, 2021