Tag
The 10-year note is around the highest level since July. Traders expect mild but persistent inflation to restrain Federal Reserve rate cuts.
Austan Goolsbee talks about the Fed’s timing in moments of transition, if COVID is still affecting the economy, and why he’s a “data dog.”
The September CPI showed inflation slowing to 2.4% annually, but consumer sentiment hasn’t yet rebounded to pre-pandemic levels.
Generally once prices rise, they don’t go back down.
A lot has happened in monetary policy since the last time the Federal Reserve updated its long-term strategy goals.
Yes, according to critic Blake Gopnik. When the market was thriving, he says, “the art was just unbelievably terrible.”
Many in the youthful cohort grew up during a recession and started their financial lives amid a pandemic. They’ve taken on a scarcity mindset.
Airline tickets and eating out cost more in August than July. But price gains are easing in other previously sticky industries.
The CPI shows consistently higher inflation than the PCE because it emphasizes different prices. Their gap has been wider than usual.
We do the numbers on how much each candidate’s plans will add to the national debt and impact voters.