Category Archives: Economy

No More Inflation Worries?

Posted on January 12, 2023 by Popular Economics Weekly

Popular Economics Weekly FREDcpi The Fed seems to have done it, raising interest rates enough to break the back of the highest inflation rate in 40 years. But will it be enough to stop the Fed Governors from continuing to … Continue reading →

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Job Market Defies the Fed

Posted on January 6, 2023 by Popular Economics Weekly

Popular Economics Weekly MarketWatch All eyes are now on the Federal Reserve and Chairman Powell. Companies are daring Powell and his Governors to crimp their profits by threatening dire consequences (i.e., a recession) if they don’t slow down hiring at … Continue reading →

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Is Job Market Still Too Hot?

Posted on January 4, 2023 by Popular Economics Weekly

Financial FAQs CalculatedRisk No matter how hard it tries, the Fed hasn’t been able to slow hiring in the hopes that it will bring down inflation—because corporations have record profits and are only beginning to lay off workers. But watch out … Continue reading →

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To A Happier New Year!

Posted on December 30, 2022 by Popular Economics Weekly

Popular Economics Weekly AtlantaGDPNow Will US economic growth fall off a cliff in January? Maybe not. The Atlanta Federal Reserves’ GDPNow estimate has just raised their estimate of fourth quarter GDP growth to 3.7 percent and it was right on … Continue reading →

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US Economy Still Surging

Posted on December 22, 2022 by Popular Economics Weekly

Popular Economics Weekly BEA.gov Surprise, surprise. Third quarter GDP growth was revised upward in the government’s third estimate. How can we be thinking of a recession next year? Oh yes, because it increases the likelihood that the Federal Reserve will … Continue reading →

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Housing Market Swoons

Posted on December 21, 2022 by Popular Economics Weekly

The Mortgage Corner Confidence among U.S. single-family home builders fell for a record 12th straight month in December as even a scramble to offer incentives for prospective buyers failed to boost traffic and lift sales in today’s high-inflation, high-interest rate … Continue reading →

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Don’t Blame the Workers

Posted on December 16, 2022 by Popular Economics Weekly

Popular Economics Weekly FREDavghourlywages What are we to make of Senator Elizabeth Warren’s reaction to Fed Chair Powell’s recent remarks on inflation? “He’s pushing hard to get more people fired because he thinks that is one way to help bring … Continue reading →

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What Is the Real Inflation Rate?

Posted on December 14, 2022 by Popular Economics Weekly

The Mortgage Corner MarketWatch Nobel Prize-winner Joe Stiglitz has weighed in once more against Chairman Powell’s Federal Reserve boost of short-term interest rates further; because curent short-term rates have almost returned to the 2 percent target range—if we consider what … Continue reading →

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Corporate Profits the Inflation Culprit?

Posted on December 12, 2022 by Popular Economics Weekly

Financial FAQs BusinessInsider Another just published economic indicator predicts inflation could be moderating faster than predicted by most analysts. The New York Fed’s consumer expectation survey just out reported median one-, three-, and five-year-ahead inflation expectations decreased to 5.2 percent, 3.0 percent, … Continue reading →

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Consumer Sentiments Rising As Inflation Declines

Posted on December 9, 2022 by Popular Economics Weekly

The Mortgage Corner UnivMichigan Consumers are feeling more optimistic, and it’s probably because they are seeing price rises beginning to moderate and prices decline in some areas. The University of Michigan reported in its preliminary sentiment survey for December that … Continue reading →

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