Tag Archives: Federal Reserve

What Happens Next?

Popular Economics Weekly What does the future foretell? Everyone wants to know what will happen next year now that the Fed is on hold and inflation continues to decline. I believe the construction industry is telling us the economy will … Continue reading

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Too Many New Jobs?

Popular Economics Weekly FREDavghourlywages The Fed Governors won’t like this morning’s unemployment report. The U.S. Census Bureau just reported that 263,000 nonfarm payroll jobs were created in November and average hourly wages are still rising 5.1 percent annually. To make … Continue reading

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Is Inflation Scare Over?

Financial FAQs BLS.gov Both the retail Consumer Price Index (CPI) and wholesale inflation index for raw materials—the Producer Price Index (PPI)—fell in July. Since the PPI feeds into retail prices, it’s a sure sign that inflation is on the wane. … Continue reading

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What Civil War?

Answering the Kennedys’ Call Texas, 17 other red state Attorneys General, and 126 Republican House members tried to keep President Trump in power after January 20 by breaking election laws and ignoring the United States Constitution. But the Supreme Court, … Continue reading

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Ending Our Economic Civil War—Part II

Answering the Kennedys’ Call MarketWatch President-Elect Joe Biden can call a truce from the ongoing Red vs. Blue states economic civil war with just announced picks of his economics team, including Janet Yellen as Treasury Secretary and the economic advisors. … Continue reading

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Back to a ‘V’-Shaped Recovery?

Popular Economics Weekly FREDcontinuedclaims Richard Clarida, No.2 official at the Federal Reserve said on Wednesday that the U.S. recession begun in March with the coronavirus pandemic may already be over. “This recession was by far the deepest one in postwar … Continue reading

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Employment Picture Improving?

Popular Economics Weekly MarketWatch It wasn’t as much improvement as expected, and more layoffs are coming with the end of the CARES Act benefits that kept workers on payrolls, or temporarily furloughed. The Labor Department (BLS) reported the August unemployment … Continue reading

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Should The Fed Boost Inflation?

Financial FAQs FRED10yrInflation The Federal Reserve is so desperate to support growth in this pandemic that it wants to allow inflation to rise above its 2 percent target range. Why? Inflation and rising prices are usually a sign of economic … Continue reading

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Employment Picture Still Unclear

Popular Economics Weekly Marketwatch.com The official unemployment rate fell for the third month in a row to 10.2 percent from 11.1 percent, the government said Friday. The hot pace of U.S. employment growth in the late spring gave way in … Continue reading

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Consumer Confidence in Decline

Popular Economics Weekly FRED There are a number of reasons that consumers are becoming more fearful after that initial boost of spending with the spring holidays. It’s not only the prospect of a COVID-19 resurgence in the fall when we … Continue reading

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