Behind the Numbers Archive

  • Behind the Numbers - Sep 15, 2023

    Slow as She Goes - The truth is, inflation is slowly, and I stress slowly, moving lower and is still far away from the Federal Reserve’s 2% target. The best news from the latest Consumer Price Index (CPI)...

  • Behind the Numbers - Sep 8, 2023

    Data Mismatch - The Federal Reserve’s data-dependent philosophy is being tested in terms of what data to trust. The most recent Beige Book report presented a very different picture from what...

  • Behind the Numbers - Aug 25, 2023

    The Poetry of Powell - Federal Reserve Chair Jerome Powell concluded his long-awaited speech on a poetic note, summing up the position the Fed finds itself in: the committee is “navigating under the...

  • Behind the Numbers - Aug 18, 2023

    Consumers Come Through Once Again - Consumers jumpstarted economic growth in the third quarter with strong spending. Retail sales rose 0.7% in July, almost doubling expectations. Nine of the 13 categories...

  • Behind the Numbers - Aug 11, 2023

    Not Time to Call it Quite, Yet - July’s inflation data presented a picture of continued inflation slowing but stopped short from suggesting the Federal Reserve is ready to call it quits. Both the consumer headline...
 

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