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Argent Gives Back: John Allen, Jr. AEP ® AIF ® CTFA ®

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Post-FOMC Thoughts

Post-FOMC Thoughts

The Decision After pausing briefly in June, the FOMC decided to execute another rate hike at their meeting in July, which brought the Fed Funds rate to its present range of 5.25 – 5.50%. Speeches by FOMC members leading up to today’s announcement confirmed a bias...

The Morning View: September 19, 2023

The Morning View: September 19, 2023

From our colleagues at our sister company, Argent Trust: In this morning’s data, Housing Starts were much less than expected at 1,283,000 in August, which is a -11.3% decrease from the previous month.  This figure has fallen well below the 1,427,000 level late in...

The Morning View: September 13, 2023

The Morning View: September 13, 2023

From our colleagues at our sister company, Argent Trust: Announced this morning, the Consumer Price Index increased 0.6% in August, as expected and is four-tenths higher than the previous month.  It grew 3.7% on an annual basis, above the 3.2% annual level in the...

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