by Carol Champagne | Jul 6, 2026 | Interest Rate Swaps & Caps, Swap & Cap Contract Negotiation
The US economy created 57,000 new jobs in June, below the 129,000 added in May, and far less than the expected 115,000. The unemployment rate was down to 4.2 percent due to a 0.3 percent decline in the labor force participation rate, which is at its lowest since March...
by Carol Champagne | Jun 27, 2026 | Interest Rate Swaps & Caps, Swap & Cap Contract Negotiation
The Fed’s preferred inflation index, the PCE, was up 4.1 percent last month, a three-year high. This was the largest annual increase since April 2023. The PCE was up 0.4 percent monthly, the same as seen in April, but down from the 0.7 percent experienced in March....
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...