Fed Chair Warsh’s First FOMC Meeting All eyes were on yesterday’s Federal Open Market Committee (FOMC) meeting, Kevin Warsh’s first meeting as Chairman of the Federal Reserve. In a unanimous decision, the Committee voted to hold the funds rate steady in the current range of 3.5%-3.75%. Nine of 18 members projected a rate hike this […]
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ByTheNumber$ – April 16th, 2026
Underlying Inflation While headline inflation numbers looked scary in March due to energy and tariffs, Federal Reserve Governor Waller noted in a mid-April speech that “underlying inflation”—when you strip out the temporary effects of tariffs—is running very close to the 2.0% target. This suggests that once the current geopolitical and trade shocks settle, the core […]
Read MoreByTheNumber$ – March 26th, 2026
Resilient Job Market Initial jobless claims fell by 8,000 to 205,000 for the week ended March 14, coming in well below the consensus estimate of 214,000, a sign the job market remains resilient. Analysts describe the current environment as “slow hiring, slow firing”, a setup that often supports steady consumer spending even as hiring normalizes. […]
Read MoreByTheNumber$ – February 24th, 2026
P&W Engine Shortage Hits Airbus Last Thursday, Airbus announced that they will be delivering fewer aircraft than expected this year due to shortages of Pratt & Whitney (P&W) engines. Airbus has struggled to source everything from seats to toilets. The shortage has forced a slowdown in production of their bestselling A320. Apparently, P&W has been […]
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