Neutral Rates Nosing Up

Published on September 23, 2026

Every runner has a natural pace: the speed that we maintain under optimal conditions like flat terrain, cool temperatures and a good night of sleep. Runners can train to speed up to meet a target time, or slow down for endurance.

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Some Perspective on Inflation

September 23, 2026
Some economists and market participants view inflation as one of the most important economic indicators. Market participants spend a lot of time worrying about a lot of things, but inflation is pretty close to the top of the list most of the time.

The Fed Hikes Rates Amid Sticky Inflation and Strong Economic Data

September 23, 2026
The week began with calls for a potential slowdown in AI spending amid growing safety concerns and included a midweek Fed rate hike for the first time since 2023. The S&P 500 finished slightly lower for the second week in a row despite continuing signs that economic growth is strong. Shorter-term bond yields pushed higher as investors priced in the potential for additional rate hikes, both in the