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...
by Carol Champagne | May 18, 2026 | Interest Rate Swaps & Caps
Inflation is at a 3-year high, and a rise in wholesale prices indicates even higher inflation this summer. The producer price index (PPI) rose 1.4 percent in April, the largest increase in over 4 years. The war in the Middle East, driving up oil prices, was the main...
by Carol Champagne | May 12, 2026 | Interest Rate Swaps & Caps
The US economy added 115,000 new jobs in April, exceeding expectations and demonstrating resilience in the labor market. The unemployment rate remained unchanged month over month, remining at 4.3 percent. March showed a gain of 185,000 jobs, but April’s 115,000 was...
by Carol Champagne | Apr 27, 2026 | Interest Rate Swaps & Caps
The Consumer Sentiment index was at an all time low in April, coming in at 49.8 percent as workers see their purchasing power erode due to tariffs, inflation and the ongoing war in the Middle East. The previous low was 50.0 seen in June 2022 when prices were rising as...