Democrats’ embrace of the macro economy is unmistakable. Paul Krugman’s recent column (10/8) trumpeted that the “macro” numbers “vindicate Bidenomics.” During CBS’s Sunday (10/6) 60 Minutes interview, Kamala Harris immediately ducked into the macro economy when asked about inflation’s ...
The original inflation numbers were as follows:May 2016: 1.022%, June 2016: 1.006%, July 2016: 0.835%, August 2016: 1.065%. Note since the difference is quite small we've stretched them out to 3 decimal places so you can see the difference. The new numbers are: May 2016: 1.019%, Ju...
Inflation numbers, including the fictional ones coming out of DC, will see peaks and valleys, and I’m not suggesting inflation will hit 18% by the time you read this. Nor am I suggesting that periods of disinflationary “relief” won’t make the headlines soon if, for example, lumber ...
P.S. Regarding jobs, Biden took office while the economy was still dealing with government-mandated shutdowns, so his job numbers seem to look good, but not when compared to the pre-pandemic trend. P.P.S. Biden and his supporters could point out that bad monetary policy began under Trum...
"It could be that progress has stalled, or it is possible that the numbers released last month were a blip," said Fed Governor Christopher Waller. Atlanta Fed President Raphael Bostic urged a "slow and steady" course of policy response. ...
In this case, it means that governments can use statistics to tell any story they want by manipulating the numbers. With this data, it’s been clear since 1990 that the government wants to tell the story that inflation is low.Traditionally, inflation was measured by a fixed basket of goods...
Super Bowl LIX by the Numbers The Super Bowl is more than just a game: It’s a grand spectacle of commerce. Alan KronenbergFeb. 7, 2025 Inflation, Tariffs Turn Consumers Sour Americans appear worried they could face higher prices ahead from President Donald Trump’s tar...
Super Bowl LIX by the Numbers The Super Bowl is more than just a game: It’s a grand spectacle of commerce. Alan KronenbergFeb. 7, 2025 Inflation, Tariffs Turn Consumers Sour Americans appear worried they could face higher prices ahead from President Donald Trump’s tariff policies. ...
Merrill:I think in the near term, the numbers have been pretty high so I think we'll see some tapering there. I think it's prudent - I've heard some people say that, within 12 months, there won't be talk of inflation - I think it's prudent to, as you're doing ...
"Today’s numbers brought welcome signs of cooling price pressures, with the topline and core annual inflation rates slipping lower since last month," Kayla Bruun, senior economist at Morning Consult, said in a commentary. Significantly for household budgets, grocery prices fell 0.2% after staying...