Fiscal Vs Monetary: Trump's Economy Grows Despite Fed's BS Contraction; Dems Could Alter that in '19
The mid-term elections next month take on additional significance because a Democratic majority in the House will alter the fiscal arithmetic,...
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August CPI Review: Are U.S. Inflation Pressures Easing?
The August inflation reports have thus far been surprisingly benign with, for example, a modest monthly core CPI gain slowing the year-over-year...
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The Fed's Downplaying Of Inflation Target Progress Is Unwarranted
Though there were no dramatic surprises in last week’s U.S. CPI data, the upward creep in underlying inflation—though gradual—is unmistakable. In...
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The Risk of a Persistent Inflation Lift from Trade Protectionism
Assessments of macroeconomic effects of trade wars appear to be primarily viewed through the lens of a growth headwind rather than an inflation...
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Underlying Inflation Trends In The U.S.
Given that the Federal Reserve’s 2% inflation target is a medium-term and symmetric objective, what matters to policymakers is the underlying trend...
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