Category Archives: Politics

Financial FAQs Reuters Reuters just reported that U.S. Treasury Secretary Janet Yellen on Monday said she saw a path for avoiding a U.S. recession, with inflation coming down significantly and the economy remaining strong, given the strength of the U.S. … Continue reading →

Financial FAQs Conference-Board.org The Federal Reserve is about to raise the overnight interest rate another quarter-percent to 4.5 percent that it charges banks, hence banks will pass on the increased rate to their borrowers. So, it shouldn’t be a surprise … Continue reading →

Financial FAQs FREDhourlywages Why is the Federal Reserve enforcing a 2 percent inflation rate target? Such a monetary policy has meant Fed Governors have endangered economic growth by holding to a target rate that I believe is too low. Whatever … Continue reading →

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 →

Popular Economics Weekly BEA.gov What is going on? The U.S. of Economic Analysis (BEA) just revised third quarter GDP growth higher, from 2.6 percent to 2.9 percent. And why? Mainly because consumers upped their spending in Q3, which increased 1.7 … Continue reading →

Financial FAQs Calculated Risk Just days before an election that may decide the future growth path of the U.S. economy, the Labor Department’s JOLTS report shows Americans still fully employed. It seems companies aren’t yet ready to shrink their payrolls … Continue reading →