Bad things lead to more bad things. But (some) bad things can be fixed.
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Temporary forces that pushed annualized inflation into the double-digits are going into reverse. The remainder is being determined (mostly) by the pace…
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Japan's unique balance of payments and inflation dynamics allow the Ministry of Finance to focus on supporting the currency even as the Bank of Japan…
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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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The BEA has updated its estimates of everything from private sector wages to spending at restaurants and dividend payouts.
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The latest data on wages suggest that declining job market churn has not been sufficient to normalize the pace nominal income growth.
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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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Interpreting the mixed signals across the economy, with a focus on inflation, jobs, and market pricing.
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The latest numbers from the major manufacturing powers suggest that exports to Russia are rising.
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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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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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Goods prices are falling and input costs have mostly stopped rising. Wage gains associated with labor market churn have slowed, although not enough…
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