Russia’s Wartime Spending Raises Fears of an Economic Bubble
Posted inBanking and Financial Institutions Defense and Military Forces Economic Conditions and Trends Labor and Jobs Politics and Government Real Estate and Housing (Residential) Russia Russian Invasion of Ukraine (2022)

Russia’s Wartime Spending Raises Fears of an Economic Bubble

The economic strength has helped to maintain popular support for Vladimir Putin’s war, but some have warned the state-led spending is threatening the country’s financial stability.
Wage Growth Slowed in Second Quarter, a Sign the Economy is Cooling
Posted inConsumer Behavior Federal Reserve System Hiring and Promotion Inflation (Economics) Labor and Jobs Prices (Fares, Fees and Rates) United States Economy Wages and Salaries

Wage Growth Slowed in Second Quarter, a Sign the Economy is Cooling

Pay and benefits increased 1 percent, down from 1.2 percent in the first three months of the year. The cooling will be welcomed by policymakers who have been worried that rapidly rising wages could make it harder to get inflation under control.