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The Fed is Likely to Pause Rate Hikes, Despite Inflation Growth

Wed, 13 Sep 2023 12:26:00 GMT

CNET published an article today which focused on the upcoming Federal Open Market Committee meeting and included commentary from our Economist & Labor Market Analyst, Phillip Sprehe. He shared his thoughts about what could happen if the Federal Reserve became too passive or aggressive with interest rate hikes.

Click here to read the full article on the CNET website.

Economist & Labor Market Analyst, Phillip Sprehe, quoted in GOBankingRates article

Fri, 18 Aug 2023 12:38:00 GMT

GOBankingRates recently published an article on their website, which included a quote from our Economist & Labor Market Analyst, Phillip Sprehe, as to why many Americans continue to tightly budget their finances when inflation rates are decreasing.

The original article was also syndicated to the Nasdaq, MSN, both Yahoo Finance and Yahoo Finanzas, and Yahoo Sports Canada websites.

Click here to read the full article on the GOBankingRates website.

The Epoch Times Features Geographic Solutions' Economist, Phillip Sprehe

Tue, 17 Jan 2023 17:43:25 GMT

Based on a story by Tom Ozimek that first appeared at The Epoch Times

The rate of inflation has trended up over the last several months. Prices are falling in some areas but continue to rise in others. Measurements of Consumer Price Index (CPI) in December did show some positive signs of improvement. Late last week, our staff economist, Phillip Sprehe, shared his insight with The Epoch Times on the overall pace of inflation as measured by the CPI. Official inflation data of 6.5 percent is the slowest annual rate in over a year and this number has been trending downward in recent months.

“The CPI has been softening over the last six months which is a good sign that high inflation rates are on a definitive path downward,” said Sprehe.

But, the downward trend may not act as a deterrent to the Federal Reserve.

“The Federal Reserve might also partially disregard the good news, because a significant portion of the reduction comes from volatile energy items which could suddenly reaccelerate,” said Sprehe.

Read more from Sprehe's interview and the entire story by visiting the Epoch Times online.

Can't access the article? Download a PDF version here.

How Will Rising Interest Rates and Fears of a Recession Effect Hiring in 2022?

Mon, 15 Aug 2022 18:31:05 GMT

Online magazine, The Street, takes stock of the current job market and looks ahead to gauge supply and demand issues. Many employers are hiring, as seen by the dropping unemployment rate. HR professionals state companies are still catching up with the Great Resignation. Phillip Sprehe, Geographic Solutions resident economist, predicts hiring to continue throughout the second half of 2022 despite fears of an economic recession and rising interest rates.

Read Ellen Chang's original article on www.thestreet.com.