Markets
◆ FED FUNDS RATE  3.58% ◆ CPI (YoY)  3.8% ↑ ◆ UNEMPLOYMENT  4.3% ◆ GDP GROWTH Q1  +2.0% ▲ ◆ 10-YR TREASURY  4.46% ◆ RETAIL SALES  +4.2% ↑ ◆ M2 GROWTH  4.6%  
EST. 2024 · VOLUME I AN INDEPENDENT ECONOMIC PUBLICATION BY CONNOR LEARY
★   Article Archive   ★

The Macro Brief

Complete Edition Archive · All Past Issues
BY CONNOR LEARY · 2025 ✦   ALL EDITIONS   ✦ VOL. I · UNITED STATES
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3.8%
Inflation
Inflation Relapse: The April Price Surge That Rewrites the Fed's 2026 Playbook
A hotter-than-expected April CPI reading — driven by an energy shock, tariff pass-through, and sticky services — has erased the prospect of Federal Reserve rate cuts this year.
Published May 14, 2026
Oil's Surge
Energy & Commodities
The Price of Energy: Inside the Oil Market Forces Threatening to Reignite Inflation
A confluence of supply restraint, geopolitical friction, and fragile demand has crude oil back at the center of the macroeconomic debate.
Published April 30, 2025
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Federal Reserve
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Inflation
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Labor Market
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Fixed Income
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Consumer
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