Against the odds, the Federal Reserve’s effort to guide the U.S. economy to a soft landing — reducing inflation without causing a recession — seems to be […]
Tag: inflation
Funny how the price of turkey suddenly became no big deal
May I be so bold as to note that the price of turkey is down this year? To be specific, a 16-pound turkey now costs an average […]
Biden’s cereal problem
President Biden has two significant challenges heading into his 2024 re-election campaign — his age and the price of cereal. Let me explain his cereal problem first. […]
Food inflation is a hardship outside the Fed’s control
by Claudia Sahm It’s nearly impossible to have a conversation about inflation without mentioning food prices. And no wonder, as they are up 24% since the start […]
‘Greedflation’ theory no longer the fringe
“Greedflation” is an economic theory that emerged around 2021 as an explanation for the sky-high inflation we were experiencing. At first, even mainstream economists considered greedflation a […]
Despite political pressure, the Fed should hold firm
Two essential questions are facing the U.S. economy right now: whether the Federal Reserve’s next change in its policy rate will be a cut or an increase, […]
Bidenomics actually worked, but voters aren’t buying it
by Jonathan Bernstein Inflation is receding, unemployment is at or near record lows, US growth continues at a solid pace … and Americans are deeply pessimistic about […]
‘Bidenomics’ a doctrine by accident
by Matthew Yglesias A string of positive economic news — slowing inflation, an upward revision in gross domestic product, continued strength in the job market, signs of […]
Federal Reserve pauses interest rate hikes, for now
Powell shows a level of caution that should continue to avoid recession After 10 consecutive interest rate hikes meant to squeeze down inflation, the Federal Reserve last […]
Greedflation in grocery stores hits wall of frustrated shoppers
by Leticia Miranda The pandemic era of greedflation in the grocery section is finally ending. Consumers are fed up and showing it after two years of absorbing […]
