by sslifer | Jun 10, 2022 | Commentary for the Week, NumberNomics Notes
June 10, 2022 The Fed and economists like to exclude food and energy prices from their calculation of the underlying rate of inflation because they are quite volatile on a monthly basis. For example, a drought could boost food prices for several months, but they will...
by sslifer | Jun 9, 2022 | Miscellaneous, NumberNomics Notes
June 9, 2022 The trade-weighted value of the dollar, which represents the value of the dollar against the currencies of a broad group of U.S. trading partners has risen 7.7% from where it was at this time last year and it is expected to continue to rise in value...
by sslifer | Jun 3, 2022 | Commentary for the Week, NumberNomics Notes
June 3, 2022 The long-awaited slowdown in the pace of economic activity remains elusive. Jobs are being created at a robust pace. Consumers are spending. Businesses are investing. The housing market has slowed but largely because of a lack of supply rather than a...
by sslifer | May 27, 2022 | Commentary for the Week, NumberNomics Notes
May 27, 2022 For months the discussion has focused on the highest inflation rate in 40 years and how to shrink it to the Fed’s desired 2.0% pace. The Fed seems to think it can accomplish that objective by raising the funds rate to 2.75% by the end of this year and...
by sslifer | May 20, 2022 | Commentary for the Week, NumberNomics Notes
May 20, 2022 Traveling this week, so just an abbreviated note. Despite high inflation and higher interest rates the economy continues to chug along. That is both good news and bad news. The good news is that the economy seems to be performing well. The bad news is...
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