Stephen Nowland, courtesy Federal Reserve Bank of Atlanta
Businesses, consumers and the Fed are moving carefully because of uncertainty, says Raphael Bostic. “When the fog gets thicker, you're going to pull over and wait.”
In most of the country, sending a kid to day care costs more than sending one to a public university. But in New Mexico, most families can pay nothing at all.
The stated purpose of Trump’s import levies is to draw production back to the U.S. from around the world. Benzene illustrates that it won’t work with all products.