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Fed Chair Powell: Economic Outlook "Uncertainty"

Calculated Risk

From Fed Chair Powell: Economic Outlook Despite elevated levels of uncertainty, the U.S. Recent Economic Data Economic growth The economy has been growing at a solid pace. Further, recent surveys of households and businesses point to heightened uncertainty about the economic outlook. GDP expanded at a 2.3

Economics 162
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CPI Cools Significantly in November But Rent and Food Still Sharply Increasing

Mish Talk

The food index increased 0.5 percent over the month with the food at home index also rising 0.5 The index for all items less food and energy rose 0.2 The index for all items less food and energy rose 0.2 Percent Core CPI (CPI Less Food and Energy): 6.0 Percent CPI Food and Beverage: 10.3 percent in October.

Food 195
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FOMC Minutes: Staff Predicts Mild Recession; Additional Increases in Fed Funds Rate "Appropriate"

Calculated Risk

Excerpt: The economic forecast prepared by the staff for the June FOMC meeting continued to assume that the effects of the expected further tightening in bank credit conditions, amid already tight financial conditions, would lead to a mild recession starting later this year , followed by a moderately paced recovery.

Economics 305
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FOMC Minutes: "Additional favorable data were required to give them greater confidence that inflation" was Moving to Target

Calculated Risk

In discussing their individual outlooks for the target range for the federal funds rate, participants emphasized the importance of conditioning future policy decisions on incoming data, the evolving economic outlook, and the balance of risks. emphasis added

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FOMC Minutes: "Majority of participants judged that one more increase in the target federal funds rate. would likely be appropriate"

Calculated Risk

Several participants remarked that, despite the recent rise in energy prices, food and energy prices over the past year had contributed to a decline in overall inflation. Participants pointed to the softening of price inflation for goods amid improving supply conditions and to declining housing services inflation. emphasis added

Food 200
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Podcast links: effective altruism

Abnormal Returns

theverge.com) Economics 30 economics-related podcasts that Cardiff Garcia recommends. youtube.com) Bill Brewster talks with Tom Morgan, Director of Content and Communications at The KCP Group, the 'most interesting man in finance.' The biz Apple ($AAPL) is funding podcasts in search of new TV shows. Meir Statman.

Food 130
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Weekly Market Insights – September 4, 2023

Cornerstone Financial Advisory

Weekly Market Insights: September Stocks Open In Positive Territory Presented by Cornerstone Financial Advisory, LLC Falling bond yields–spurred by weak economic data–helped lift stocks to weekly gains. A downward revision of Q2 economic growth and fresh signs of a cooling labor market reversed the recent rise in bond yield.

Marketing 105