Jobs Data Come as the Fed Stares Down a Complex Moment
Growth has been resilient, but inflation is cooling. The combination makes it hard to guess how much policymakers will lower rates.
Posted inConsumer Behavior Economics (Theory and Philosophy) Inflation (Economics) Prices (Fares, Fees and Rates) Restaurants Thaler, Richard H United States Economy
Why Cooling Inflation Hasn’t Eased Sticker Shock
The term refers to what we have internalized as the fair price for a product or service. It’s often out of sync with what things now actually cost.
Posted inInflation (Economics) Interest Rates Presidential Election of 2024 Prices (Fares, Fees and Rates) United States Economy United States Politics and Government
The Fed’s Preferred Inflation Gauge Cooled Overall in September
Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.
Posted inCustoms (Tariff) Harris, Kamala D Inflation (Economics) internal-storyline-no Lighthizer, Robert E Presidential Election of 2024 Protectionism (Trade) Trump, Donald J United States Economy United States Politics and Government
The Other Trump Trade That Worries Markets
Robert Lighthizer, who was a huge influence on Donald Trump’s protectionist trade policy, is again a candidate for a top role if the Republican wins next week.