by Carol Champagne | Jun 22, 2026 | Interest Rate Swaps & Caps, Swap & Cap Contract Negotiation
The FOMC met last week for the first time under the stewardship of the new chairman Kevin Warsh. No change in monetary policy was expected, rather, people were curious to hear Warsh’s statement and what direction the Fed will be headed in for 2026 and beyond. Warsh...
by Carol Champagne | Jun 15, 2026 | Interest Rate Swaps & Caps
Inflation rose to 4.2 percent in May on a year-over-year basis, driven by the war in the Middle east, a three-year high. The good news from the report indicated, outside or energy costs, prices weren’t rising as quickly. The May data was up from 3.8 percent in April,...
by Carol Champagne | Jun 8, 2026 | Interest Rate Swaps & Caps
The US economy created 172,000 new jobs during the month of May, beating analysts’ expectations for only 80,000. This is the third month in a row that there have been strong payroll gains, effectively lifting the labor market out of a slump. Payrolls have averaged...
by Carol Champagne | Jun 1, 2026 | Interest Rate Swaps & Caps
Consumer prices in April were up 3.8 percent, up from 3.5 percent in March and 2.8 percent in February. The number is the highest experienced since May 2023. The core PCI, which excludes energy and food prices, is up 3.3 percent for the month. The Fed’s targeted...
by Carol Champagne | May 26, 2026 | Interest Rate Swaps & Caps
Kevin Warsh was sworn in as the Chairman of the Federal Reserve on Friday. He takes over from Jerome Powell who was the Fed Chair for the last eight years; Powell will stay on as a voting member of the committee. Warsh’s tenure begins at a difficult time. Inflation is...