A year later, two charts show how the Independence Day inflation rate ended

A year later, two charts show how the Independence Day inflation rate ended

It’s been a year since Independence Day, and Americans are still feeling the toll. Loading audio description… US trade policy has changed frequently since President Donald Trump announced sweeping tariffs, including higher tariffs on major partners like China and the European Union. Retailers such as Walmart and Target raised prices to compensate, and some customers … Read more

How The Fed Is Tracking Jobs Day

How The Fed Is Tracking Jobs Day

Introduction With Labor Day coming up on Friday, it’s important to understand how the Fed is tracking the labor market. In particular, it is important that we do not rely on non-agricultural monthly publications – something we have warned against ever since. 2023. Whiplash reviewsthe changing “breakeven rate” (the number of jobs needed to keep … Read more