Market Commentary

Economic data released last week suggested mixed growth, with strengthening activity signals contrasting sharply with weaker consumer confidence, persistent producer level inflation, and a Fed meeting that underscored a steady policy stance amid ongoing economic uncertainty.

Economic data released this week continued to show a U.S. economy growing at a steady, though gradually moderating, pace.

Markets spent the week sifting through economic data still distorted by the lingering effects of last year’s federal shutdown.