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Tag: monetary policy
The problem with labor data in understanding inflation
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America is in a factory boom again. Even a recession may not bring it down this time
Washington, DC CNN — On a warm Saturday morning in July, as Kathie Leonard planned to set out on her boat for
What’s going on with China’s shadow banking system?
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Goldman Sachs cuts US recession odds to 15% as economic optimism grows
New York CNN — Goldman Sachs is increasingly confident that the US economy will stick the soft landing that many thought was
What the August jobs report means for the Fed
Washington, DC CNN — The long-robust US job market is continuing to cool, according to several economic indicators released this week. That
The US economy grew more slowly in the second quarter than previously estimated
Washington, DC CNN — The US economy grew more slowly in the second quarter than previously estimated — a good sign for
Mortgage rates soar to their highest level in 21 years
Washington, DC CNN — US mortgage rates surged this week, rising to their highest level in 21 years. The 30-year fixed-rate mortgage
Is it time to worry about stagflation?
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Moody’s warns it could cut credit ratings of 6 big US banks
CNN — Moody’s has put the credit ratings of six large US banks, including Bank of New York Mellon, State Street and
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