Bad things lead to more bad things. But (some) bad things can be fixed.
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The details of the data continue to be confusing and contradictory. But the economy is almost certainly slowing even if it hasn't yet started shrinking.
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Squeezed consumers and homebuilders are forcing up the trade surplus via stagnant imports. And higher lending to local governments likely reflects…
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Either corporate profits are being grossly overstated, the trade deficit is much narrower than implied by customs data, or business investment is being…
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The appropriate response depends on the cause of the problem.
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Putin unwittingly pushed us into a new world. How will it change behavior?
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Federal Reserve officials want to reduce businesses' demand for workers to put downward pressure on wage growth and contain inflation. Yet the pace of…
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Banks' deposits at the Federal Reserve have dropped by about $1 trillion since the end of last year. The impact has been borne primarily by U.S.-based…
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More stuff where it's possible, less demand where it's not.
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Consumer prices rose rapidly in June. But many of the forces blamed for inflation are moving in the other direction.
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The goal is to limit Russian imports. Existing measures already did that. The new oil sanctions will add some to the pressure, but at substantially…
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It has been eight years since Russia last invaded Ukraine. What has changed, and what has not?
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