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www.soberlook.com | ||
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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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soberlook.com
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| | | | | The Gallop sentiment index is now at the lowest level since 2011, when doubts about Italy's ability to roll its debt posed risks to EMU's ... | |
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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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labornotes.org
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| | | In his broadest attack on federal workers and their unions to date, President Donald Trump on Thursday announced an executive order that claimed to end collective bargaining rights for nearly the whole federal workforce. Early estimates have the move affecting 700,000 to 1 million federal workers, including at the Department of Veteran Affairs and the Departments of Defense, | ||
