Items tagged with inflation:
News & Updates:
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Wharton Professor and Fed Historian, Peter Conti-Brown comments on the recent implementation of various initiatives by the Federal Reserve in a time of increased criticism from the Trump Organization. Conti-Brown notes how the moves mark an effort to establish legitimacy and accountability: two integral elements necessary for a well functioning federal bank.
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Top Negotiator, Lighthizer announces that America will enforce contested 90-day agreement deadline for US and China trade negotiations; HIV cure studies using fetal tissue impeded by Trump Administration; The parliamentary vote for Brexit postponed by UK Prime Minister May; Compared to last year productivity up by more than 1%; One US inflation index fell slightly in the month of November.
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Trump administration offers to resume trade negotiations with China; The newest development in Trump’s immigration policy includes paying Mexico for deportation services; Senate passes new budget plan; US jobless claims continue to drop indicating a robust US economy; Consumer Price Index indicates a rise; Economists ponder why despite income increases, wages have remained stagnant.
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State insurance commissioners are restricting access to their sales in response to Trump insurance policy plans; A bipartisan group from the House Intelligence Committee have introduced legislation focused on securing the digital election infrastructure against cyberattacks; Wages struggle to keep up despite healthy inflation rates; Turkey’s lira fell again on Monday.
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The CEO of JPMorgan and Chase, credited the tax cut law signed by President Trump with helping boost the US economy; President Trump threatened a government shutdown if Congress failed to fund his border wall; In June, consumer spending rose a solid 0.4%; The S&P/Case-Shiller national index rose a seasonally adjusted 0.4%.
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