Inflation is largely a result of increases in the money supply months or even years previously. Because of this serious lag in the time between the money creation and the time it shows up in the economy themust estimate the impact their money creation efforts will have years in advance. The...
If the Fed doesn't cut in June, policy makers are unlikely to reduce rates until September because little economic data is released between their June and July meetings that could alter their thinking, noted Ryan Sweet, chief U.S. economist at Oxford Economics, in a r...
is optimistic about the prospects for inflation to fall back, is wary of liquidity risks, and has fantasies about the interest rate cut signals released by the Federal Reserve. However, the sharp cut of interest rates by the Federal Reserve, the “soft landing” of the US economy, and “pe...
Even with the latest data prints providing more clarity, there are still plenty of question marks. We outline our thoughts on where central banks are headed.
Russia Sanctions – This time, sanctions on Russia are having the desired effect Despite the rise of China and the growth in economic prosperity across the globe, the US — and, importantly for sanctions, the dollar — remain dominant. Approximately 50% of global trade is still conducted in ...
Meanwhile, the GDP deflator has been negative for the past three quarters for the first time since 1999, running at -1.0% YoY in 4Q23. When Will The Government Say Enough is Enough? All of the above raises the all-important question of what might trigger a more aggressive response from ...
This data is based on surveys of about 21,000 work sites, released today by the BLS as part of its Job Openings and Labor Turnover Survey (JOLTS). What is normal? The ratio of job openings to nonfarm employmenttakes into account the growth of employment over the years. As the population...
But it’s more common to talk about the CPI’s inflation rate, which illustrates how much prices have increased between two points in time (or decreased, in the event of deflation). That rate is calculated by determining the current index value of the basket of goods and services, then ...
The BLS reports the CPI on a fixed, monthly basis. A schedule of prior and future releases can be found on the BLS website, and the CPI is always released at 8:30 a.m. Eastern time.15 How Does the CPI Affect Unemployment Rates?
The unemployment rate is the proportion of the labor force that is not employed but could be. The BLS reported an unemployment rate for October 2024 of 4.1%.3 U.S. unemployment data is released on the first Friday of every month.