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econbrowser.com | ||
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www.pew.org
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| | | | | When the federal government imposes tariffs on imports, the effects often ripple far beyond cargo ships and customs offices. Tariffs have the potential to significantly influence state budgets by increasing uncertainty in economic forecasts, raising the costs of public projects, and disrupting revenue streams. | |
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libertystreeteconomics.newyorkfed.org
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| | | | | The debate about the natural rate of interest, or r*, sometimes overlooks the point that there is an entire term structure of r* measures, with short-run estimates capturing current economic conditions and long-run estimates capturing more secular factors. The whole term structure of r* matters for policy: shorter run measures are relevant for gauging how restrictive or expansionary current policy is, while longer run measures are relevant when assessing terminal rates. This two-post series covers the ev... | |
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www.frbsf.org
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| | | | | How much persistent versus transitory forces contribute to inflation influences the Federal Reserve's ability to achieve its goal of 2% average inflation over time. If elevated inflation is driven mainly by persistent shocks, then a stronger and longer-lasting policy response is likely to be needed to bring inflation back down. Recent data show that consecutive changes in monthly inflation rates have tended to move increasingly in the same direction. This pattern suggests that the contribution of persistent shocks to inflation has been rising since mid-2019. | |
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wattsupwiththat.com
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| | | Here are 22 good reasons not to believe the statements made by the Intergovernmental Panel on Climate Change (IPCC) Guest essay by Jean-Pierre Bardinet. According to the official statements of the IPCC "Science is clear" and non-believers cannot be trusted. Quick action is needed! For more than 30 years we have been told that we... | ||