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| | The U.S. GDP dropped in 2024. Here's what that means for you.
| | www.soberlook.com
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| | Those hoping for the US economy to accelerate in the second half - and many economists made that call early in the year - will be disappoi...
| | fred.stlouisfed.org
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| | Download, graph, and track 154,000 economic time series from 59 sources.
| | 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...