July’s unexpected surge in the unemployment rate drove much of the attention to the labor market as a focus in the balance of risk for monetary policy. Most of the preliminary conclusions […]
An interest rate cut to shift expectations only
Import Prices on the Rise Rapidly, Jeopardize US Inflation
International trade contributes mixed signals on import prices as fuel and major trade partners’ prices offset each other. Prices for all import items from Canada, Mexico, and Europe increased by 3.2 percent […]
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