Economic Analysis – Week of December 17, 2014

The plummeting price of oil is benefiting the consumer sector but it is hurting the energy sector and the markets tied to it. Decreasing oil prices, along with discouraging news out of Greece, has led to a decline in the stock market. The FOMC was held over the past two days with the Fed deliberating about whether to increase interest rates with declining unemployment but low inflation.

More analysis of this week’s news by Econoday’s Senior Economist Mark Rogers:

Econoday reports, available on TradingScreen’s award-winning TradeSmart EMS, provide alerts on upcoming economic announcements, and jargon-free analysis of their potential market impact. Mark Rogers, Senior Economist for U.S. markets, has over 19 years of experience with the Federal Reserve Bank of Atlanta as an economist and forecaster for national and regional economies.

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