News & Updates
Hot and Cold Economy
Parts of the economy are strong, some are weak, but in the end, this just makes it difficult to justify interest rate decreases. With the conflict in Iran, energy prices are driving up inflation.
Interest Rates Steady
The Fed has held interest rates at 3.50%-3.75%. There were rumors the Fed could drop rates by 1% over 2026, but this is becoming increasingly unlikely.
Bombs Away
With air strikes in Iran, oil prices have risen. Iran is sanctioned aggressively, so China is one of the few countries that was purchasing oil from them. But oil is priced globally, so if China can't buy oil from Iran, they have to go to the open market and bid up prices to fulfil their needs.
Tariffs, Down but Not Out
The Supreme Court found that Trump exceeded his authority designated to him by congress when we used emergency powers to implement tariffs. Trump immediately vowed to use different powers given to him to implement more tariffs, even higher tariffs. This remains to be seen.