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Author Archives: Popular Economics Weekly
Why Did Fed Raise Rates Again?
Popular Economics Weekly U.S. growth cycles have averaged about 8 years since WWII, yet the Federal Reserve just announced they were raising their overnight rate for the third time—to 1.25 percent. It also forecast that the unemployment rate could fall … Continue reading
Why Did Fed Raise Rates Again?
Popular Economics Weekly U.S. growth cycles have averaged about 8 years since WWII, yet the Federal Reserve just announced they were raising their overnight rate for the third time—to 1.25 percent. It also forecast that the unemployment rate could fall … Continue reading
Posted in Economy, Politics, Weekly Financial News
Tagged CPI, Federal Reserve, Goldman Sachs, inflation, inflation rate, Jan Hatzius, Janet Yellen, unemployment rate
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What, Too Many Job Openings?
Financial FAQs We are now seeing real evidence of the need for more working adults, if the US economy is to continue to grow. The Labor Department’s Job Openings and Labor Turnover Survey, or JOLTS report, said April job openings … Continue reading
Posted in Economy, Politics, Uncategorized, Weekly Financial News
Tagged infrastructure spending, JOLTS, public investment, unemployment
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Republicans About to Make ‘America Last’
Popular Economics Weekly President Trump’s withdrawal from the Paris Accord on climate change is symbolic in more ways than one. In his call to make America first again, he could set us back decades in bringing cleaner air and reducing … Continue reading
We Have Reached Full Employment!
Financial fAQs The U.S. added a modest 138,000 new jobs in May and hiring earlier in the spring was weaker than initially reported, adding to evidence that the tightest labor market in years is making it harder for companies to … Continue reading
This is A Goldilocks Economy!
Financial fAQs Economists have debated just what ideal economic growth should be, but the Federal Reserve does it for us. The Fed defines ideal growth as when we are at full employment with moderate inflation, inflation that says an economy … Continue reading
Has dismantling of American health care system begun?
Financial fAQs We now know that the revised Republican repeal of Obamacare is really intended to dismantle and perhaps destroy any federally-funded health care program, which would return health care coverage to either cash-starved states or private industry; to the … Continue reading
Posted in Consumers, Economy, Politics, Weekly Financial News
Tagged ACA, CBO, congress, Obamacare, Trump White House, US Senate
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What Creates Higher Growth?
Popular Economics Weekly Amidst all the talk of Republicans promise to cut regulations and taxes to boost growth, there is one problem. Where are the workers that would boost growth? We are already close to full employment, and in fact … Continue reading
Posted in Consumers, Economy, Politics, Weekly Financial News
Tagged GDP growth. inflation, JOLTS report, Obamacare, tax rates
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Higher Industrial Production Sign Increased Growth?
Popular Economics Weekly Industrial production in April grew at the fastest monthly rate in more than three years on the back of broad-based gains in the manufacturing sector, reports the Federal Reserve. Industrial production grew 1 percent in April led … Continue reading
Posted in Consumers, Economy, Weekly Financial News
Tagged baby boom, business investment, Donald Trump, GDP growth, JOLTS, labor productivity, Republicans
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Builder Optimism + Affordability Higher
The Mortgage Corner Some good news is that rising wages and moderating home prices offset a rise in mortgage interest rates to give housing affordability a slight boost in the first quarter of 2017, said the National Association of Home … Continue reading
