Monthly Archives: June 2023

Inflation or Deflation Next Year?

Financial FAQs FREDpersonalconsumption The Fed’s favored personal consumption expenditures price index (PCE) has been on a sharp downward trend since June 2022 when it reached its 7 percent inflation high. Both its overall headline indicator (blue line) and core index … Continue reading

Posted in Consumers, COVID-19, Economy, Macro Economics, Weekly Financial News | Leave a comment

Huge May Employment Report

Popular Economics Weekly MarketWatch How can 339,000 jobs have been created in May when a recession is supposed to happen later this year? And the unemployment rate have risen to 3.7 percent from 3.4 percet last month, confounding all the … Continue reading

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