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andolfatto.blogspot.com | ||
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www.atlantafed.org
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| | | | | The Atlanta Fed's GDPNow tool is watched closely these days amid concerns about inflation and the Fed's raising of the fed funds rate. Read Economy Matters for a look at what the GDPNow is and what it is not. | |
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jacobin.com
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| | | | | What caused Donald Trump to walk back on many of his tariffs last week was not domestic pressure but a run on the market for US Treasuries led by large institutional savers. If US debt is no longer a safe asset, then American hegemony is also at risk. | |
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www.moneyandbanking.com
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| | | | | "Headline" inflation is making painful headlines again. In October, consumer prices rose by 6.2 percent from a year ago-the most rapid gain in at least three decades. Measures of trend inflation also are showing unsettling increases, with the trimmed mean CPI up by 4%. And there are reasons to believe that inflation will stay well above policymakers' 2% target for an extended period. In this post, we briefly summarize how we got here and argue that the Federal Reserve needs to change course now. In our v... | |
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slate.com
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| | | When the Wall Street Journal publishes yet another argument for doing nothing about global warming, it's just a dog-bites-man story. So why should... | ||