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Tag: United States Economy
Modern Monetary Theory Got a Pandemic Tryout. Inflation Is Now Testing It.
The problem is that the alternative to a Fed response is, at the moment, not obvious. The Biden administration’s attempts…
January 2022 Jobs Report: Strong Gains Show Resilient Economy
A record-setting spike in coronavirus cases kept millions of workers at home in January and disrupted businesses from coast to…
A Normal Supply Chain? It’s ‘Unlikely’ in 2022.
With the havoc at ports showing no signs of abating and prices for a vast array of goods still rising,…
Fed Officials Make It Clear: This Time Is Different
Federal Reserve officials are preparing to pull back their economic help as inflation remains stubbornly high and the labor market…
Inflation and Deficits Don’t Dim the Appeal of U.S. Bonds
Looking Ahead, and to the PastWhat would have to happen for these rock-bottom borrowing costs to rise significantly? There could…
Inflation Continued to Run Hot and Consumer Spending Fell in December
“Overall wage growth, on a nominal basis, is still pretty strong,” said Omair Sharif, the founder of Inflation Insights, referring…