Tag Archives: macroeconomics

Where’s the Recession–Part II?

Financial FAQs The unemployment report for May had little weakness, further evidence that the recent Harris poll results—in which 55 percent of those surveyed believed the US is in a recession—doesn’t reflect reality. In fact, total nonfarm payroll employment increased … Continue reading

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Higher Growth Ahead?

Financial FAQs The US economy hasn’t slowed. Fourth quarter Gross Domestic Product (GDP) growth was down slightly from 3.3 percent to 3.2 percent in the second estimate, but predictions for first quarter 2024 growth have increased. BEAgdp “The increase in … Continue reading

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Interest Rates About To Fall?

Financial FAQs Fed Chair Jerome Powell was as ambiguous as ever at yesterday’s post-FOMC press conference. He reported the Fed Governors decided no more rate hikes were warranted, but they needed to be more confident that inflation had been tamed … Continue reading

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Please Get Inflation Picture Right!

Financial FAQs Today’s news that the Consumer Price Index (CPI) was “slightly hotter than expected”, per the Wall Street Journal, caused financial markets to plunge on the assumption the Fed will reduce interest rates more slowly than markets would like … Continue reading

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