The Fed’s Favorite Inflation Measure Leapfrogs the CPI
San Francisco Fed’s Daly: AI’s Future Is Job Augmentation and Creation, Not Destruction
Core Inflation Softens, but the Final Mile to 2% Remains Sticky
Australian Dollar Breaks Out As Economic Winds Blow Toward Rate Hikes
The Fed’s Labor Market Divide Is Hardening Against Rate Cuts
WSJ:
“FedEx Corp. reported a 30% decline in earnings for its fiscal second quarter, but nevertheless said it would resume salary increases and some retirement-plan contributions for employees, citing ‘modestly improving economic conditions and business performance.'”
Dr. Duru