FTSD News and Press, Franklin Liberty Short Duration U.S. Government From 09/19/23

2023-09-19 23:20:00 ET Summary Where we are in the inflation fight. Why the U.S. jobs market is still a concern for the Fed. The Fed could very well hike again, but not yet. The U.S. Federal Reserve meets this week as markets again focus on interest rates and the s...

2023-09-18 05:15:00 ET Summary How political dysfunction undermines debt sustainability and helps embed structurally higher inflation. The UAW strike is emblematic of a year of elevated labor activity that has resulted in some meaningful pay hikes. According to the Congression...

2023-09-16 05:36:00 ET Summary Why market reaction to U.S. CPI has been muted. Will the Fed stay the course? The outlook for fixed income as inflation shows signs of cooling. The latest U.S. Price Index showed prices rising the most in more than a year, mainl...

2023-09-16 03:10:00 ET Summary The Federal Open Market Committee will meet next week to determine whether to raise interest rates again. The broad consensus among those who pay attention to the FOMC’s doings is that they will not raise rates. The inflation measure the Fed p...

2023-09-15 23:20:00 ET Summary Economists prefer to look at the rate of change of inflation knowing that inflation almost always goes up in the long-run. Economists sometimes extract certain items like oil and food because they are “noisy”. Extracting shelter is ...

2023-09-15 22:55:00 ET Summary Back in July I ran a post titled "No boom, no bust." Things haven't changed much since then: inflation has come back down to earth, and the economy continues to grow, albeit slowly. Stocks are up a bit, the Fed tightened once, credit spreads have tig...

2023-09-15 08:15:00 ET Summary The US economy is showing progress in addressing inflation, but the Federal Reserve is likely to maintain a "higher for longer" policy. Weakness in the labor market and signs of a rebalancing may give the Fed comfort in cooling the economy and return...

2023-09-14 12:04:00 ET Summary The Consumer Price Index grew 0.6 percent in August, significantly higher than the previous six monthly increases. The inflation uptick for August was disproportionately driven by energy prices. Those rose 5.6 percent in August alone. We could gi...

2023-09-14 07:00:00 ET Summary The jobs market remains relatively robust and is neither too hot nor too cold. Unemployment is near cyclical lows and wage growth is cooling but remains relatively high. This will continue to pressure policy makers to remain hawkish and likely lead t...

2023-09-14 04:45:00 ET Summary The Consumer Price Index (CPI) increased by 0.63% in August, the largest month-to-month increase since June 2022. Despite ongoing adjustments to health insurance CPI, core CPI and core services CPI accelerated. Fuel prices, particularly gasoline,...