Macroeconomic Quarterly Update (August 2026)

Macroeconomic Quarterly Update (August 2026)

Overview: Fed policy remains on hold: At the July 29, 2026 FOMC meeting, the Federal Reserve held the policy rate at 3.50%–3.75% for a fifth consecutive meeting by a 9-3 vote, as Chair Kevin Warsh signaled a reduced reliance on forward guidance in favor of incoming...
Macroeconomic Quarterly Update (May 2026)

Macroeconomic Quarterly Update (May 2026)

Overview: Fed policy remains on hold: At the April 2026 FOMC meeting, the Federal Reserve kept the policy rate at 3.50%–3.75% amid elevated inflation and energy-driven uncertainty, with notable internal dissent underscoring an approaching, but not imminent, pivot...
The Key Terms in a Purchase Agreement and What They Mean

The Key Terms in a Purchase Agreement and What They Mean

If you are considering selling your business, getting familiar with the key aspects of a purchase agreement is important. A purchase agreement is the document that governs the legal aspects of an M&A transaction. The document is lengthy, with legal language that...
Macroeconomic Quarterly Update (January 2026)

Macroeconomic Quarterly Update (January 2026)

Overview: A. Fed Policy Update: At its first policy meeting of 2026, the Federal Open Market Committee (FOMC) decided to maintain the federal funds rate target range at 3.50%–3.75%, pausing after three consecutive cuts in late 2025. This marks the first hold since the...