Powell Places His First Step On the Stairs Of Hopeful Monetary Policy
The current adventures in monetary policy take me back to the early pandemic times when…
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
The current adventures in monetary policy take me back to the early pandemic times when…
The Consumer Price Index (CPI) for November met “expectations”. As a result, the latest confirmation…
Last week, financial markets stared in dismay at “sticky” inflation numbers on the consumer and…
Last week, SPDR Gold Shares (GLD) rallied on weak inflation news and pulled back on…
On Thursday, CNBC aired a segment on restaurant stocks, discussing the prospects for profits given…
Reuters reports that producer prices increased broadly in February in the United Kingdom: “…annual gains…
Marketwatch: “Prices at the wholesale level rose across-the-board in November setting off a new debate…
The headline number for yesterday’s October 2009 Producer Price Index report gives us inflation worrywarts…
Although producer prices fell 0.6% in September, producers who rely heavily on commodities as inputs…
Today brought welcome news for those of us who worry about inflation. The U.S. Labor…