Tag Archives: Federal Reserve

What Is Burning?

Answering Kennedy’s Call “Yet another tragic story of people being trapped inside a burning Tesla, this time in Toronto. Four dead; one rescued when a bystander smashed a window. Phil Koopman, cited by Paul Krugman in Substack Carscoops.com Paul Krugman … Continue reading

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Economic Growth Slowing…Because?

Popular Economics Weekly “The U.S. government is currently under the control of a deeply ignorant, vengeful megalomaniac with zero impulse control. And it’s not just Elon Musk: Trump shares the same characteristics.” Nobel Laureate Paul Krugman AtlantaFed “The GDPNow model … Continue reading

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Are Consumers In Danger?–Part II

The Mortgage Corner “In February, consumer confidence registered the largest monthly decline since August 2021, This is the third consecutive month on month decline, bringing the Index to the bottom of the range that has prevailed since 2022.” Stephanie Guichard, … Continue reading

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Inflation Is Back?

Popular Economics Weekly “Kentuckians can’t afford the high cost of Trump’s tariffs,” which could cost the average Kentucky resident $1,200 a year. “[P]reserving the long-term prosperity of American industry and workers requires working with our allies, not against them.” Senator … Continue reading

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Are Consumers In Danger?

The Mortgage Corner Total consumer credit rose $40.8 billion in December, after a $5.4 billion decline in the prior month, the Federal Reserve said last Friday. In percentage terms, it is the biggest gain since June 2022. FREDconsumercredit Will consumers lose … Continue reading

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The Tariff Wars–Part III

Popular Economics Weekly “It is inconceivable that other countries won’t retaliate, even if some of the governments might not want to retaliate, their citizens will demand that you can’t allow yourself to be beaten up. When you make like a … Continue reading

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Was It a Good Employment Report??

Popular Economics Weekly Total nonfarm payroll employment rose by 143,000 in January, and the unemployment rate edged down to 4.0 percent, the U.S. Bureau of Labor Statistics reported today. Job gains occurred in health care, retail trade, and social assistance. … Continue reading

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Q4 Economic Growth Continues

Popular Economics Weekly Real gross domestic product (GDP) increased at an annual rate of 2.3 percent in the fourth quarter of 2024 (October, November, and December), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the … Continue reading

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Why Inflation Still a Problem?

Financial FAQs The Fed’s preferred inflation gauge, Personal Consumption Expenditures Index (PCE) isn’t declining because consumers continue to spend more than they earn. Why? BEA.gov Such spending gave a boost to retail sales and so made holiday shoppers happier. But … Continue reading

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Retail Sales Boost Q4 Growth

Financial FAQs “Advance estimates of U.S. retail and food services sales for December 2024, adjusted for seasonal variation and holiday and trading-day differences, but not for price changes, were $729.2 billion, an increase of 0.4 percent (±0.5 percent)* from the … Continue reading

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