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www.newyorker.com
| | www.brookings.edu
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| | The Federal Reserve likely will need to push unemployment far higher than its 4.1 percent projection if it is to succeed in bringing inflation down to its 2 percent target by the end of 2024 according to this BPEA report.
| | digbysblog.net
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| | https://twitter.com/carlquintanilla/status/1816877705465655716 Lookee here: The US economy is on the verge of an extremely rare achievement. Economic growth in the first half of the year was solid, with the economy expanding a robust 2.8% annualized rate in the second quarter, according to fresh Commerce Department figures released Thursday, which are adjusted for inflation and seasonal swings. Stocks surged in the morning...
| | observer.com
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| | Fed Chair Jerome Powell hinted at a September rate cut at Jackson Hole, balancing persistent inflation with a weakening labor market.
| | www.nj.com
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| Who says you have to go to Florida to get a taste of the sweet life?