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Inflation

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auto-detected in 55 stories

5 days ago

16 days ago

Personal Income Decreased 0.4% in May; Spending Decreased 0.1%

From the BEA: Personal Income and Outlays, May 2025
Personal income decreased $109.6 billion (0.4 percent at a monthly rate) in May, according to estimates released today by the U.S. Bureau of Econo…

24 days ago

Update: The Art of the Soft Landing

A year ago I wrote: The Art of the Soft Landing

A few excerpts and an updated graph ...
The "Art of the Soft Landing" requires that the Fed reduce rates quick enough to keep economic growth positive…

25 days ago

FOMC Projections: GDP Revised Down, Inflation Revised Up

Statement here.

Fed Chair Powell press conference video here or on YouTube here, starting at 2:30 PM ET.

Here are the projections.  The projections are pretty bearish.
The BEA's advance estimate …

32 days ago

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