Jeffrey Roach

As the minutes of the Federal Reserve’s June meeting were released on Wednesday, the word “uncertainty” reigned supreme amid the ongoing tariff turmoil and President Donald Trump‘s call to cut rates by 3 percentage points. What Happened: The words “uncertain” and...

The Federal Reserve bumped its median forecast for core inflation, which has left analysts divided as some believe that the central bank is overplaying the inflation story, while others say the impact of inflation cannot be overstated. What Happened: Despite acknowledging that inflation data was...

U.S. stock futures were trading lower on Thursday after closing lower on Wednesday. Futures of major benchmark indices declined in premarket. President Donald Trump announced that a new trade agreement with China had been reached, pending final signatures from him and Chinese President Xi Jinping...

Even as May’s inflation print was better-than-expected, it snapped a four-month falling streak and rose slightly, hinting that firms absorbed some tariff-induced price hikes. What Happened: “Surprisingly, new and used vehicle prices declined in May, despite many expecting an increase in...

After a steady May jobs report that was released Friday, economists are at a crossroads about their view on the monetary policy. While some believe that the Federal Reserve should hold onto its “wait and see” stance, others affirm that the central bank can start cutting interest rates....

April’s Personal Consumption Expenditures data presented a complex picture for Jerome Powell, with economists suggesting the persistent cloud of tariff uncertainty compels the central bank to “wait and see” policy stance even as “disinflation” has set in. What Happened...

The Federal Reserve's preferred measure of inflation came in hotter than expected on Friday. Experts are weighing in on how the latest data could affect the road ahead.  The Details: The Personal Consumption Expenditures (PCE) price index rose 2.5% year-over-year, matching January's reading...

Wall Street received some positive data Thursday morning after the Bureau of Economic Analysis upwardly revised U.S. gross domestic product growth for the fourth quarter of 2024. But, experts are concerned about upcoming GDP estimates as the effects of new trade policies are felt.  The Data: The...

The Federal Reserve's preferred gauge of inflation marked its first decline in four months Friday. Markets and economists are reacting to the latest PCE data.  Expert Ideas: January's PCE price index and core PCE price index both rose 0.3% on the month, inline with expectations. The index...

January's nonfarm payrolls came in well-below expectations, rising by 143,000 and missing economist expectations of 170,000, as tracked by TradingEconomics. Experts are weighing in on the slowdown in job growth and what it means for the future of interest rates.  Expert Ideas: Economists are...

The U.S. economy closed 2024 with a robust jobs report, adding 256,000 payrolls in December, far exceeding expectations. Despite the strong showing, economists are cautious, citing the continued inflationary pressures that may deter the Federal Reserve from cutting rates anytime soon. A Resilient...

Minutes from the Federal Reserve's December meeting released on Wednesday show officials are uncertain about the path of future rate cuts, as President-elect Donald Trump's policies and how they could affect inflation remain unknown. Expert Ideas: Jeffrey Roach, chief economist for LPL Financial,...

The past week has been a whirlwind of economic debates, election predictions, and market uncertainties. From the public dispute between economist Justin Wolfers and Republican vice presidential candidate JD Vance over inflation and grocery prices to warnings about the potential...

The October employment report released Friday morning showed the U.S. economy added only 12,000 jobs in October, well-below estimates of 113,000 and the lowest monthly pace since December 2020. Economists are weighing in on the impact of the hurricanes on the report and the potential for future...

The September jobs report came in hotter than predicted, with U.S. payrolls increasing by 254,000 and the unemployment rate surprisingly slipping to 4.1%. Wage growth exceeded expectations, rising 0.4% month-over-month and 4% year-over-year. These robust numbers have sparked a fresh debate among...