A wave of immigration has bolstered the economy while generating little inflation, a new report from a regional Fed bank finds.
Source link
The US Capitol building in Washington, DC, on November 24, 2024. Daniel Slim | Afp | Getty ImagesMost of Connecticut's congressional...
U.S. President Joe Biden delivers remarks from the Rose Garden of the White House in Washington, U.S., November 26, 2024. Nathan...
People enter LaGuardia Airport (LGA) on one of the busiest travel days of the year on November 26, 2024 in...
Workers on the production line at the new Ferrari NV E-building factory in Maranello, Italy, on Friday, June 21, 2024. Francesca...
U.S. President-elect Donald Trump and Elon Musk watch the launch of the sixth test flight of the SpaceX Starship rocket...
The Fed's worst nightmare is officially here:
Today's data confirms ALL 3 inflation metrics are back on the rise.
For the first time since February 2022, Core CPI, PCE and PPI inflation are now rising at the SAME time.
Did the Fed spark a new wave of inflation?
(a thread)
You can’t make this up:
US personal savings have just been revised down by a MASSIVE $140 billion for 2024.
The savings rate for September was revised to 4.1% from the 4.6% initially reported in October.
The rate for August was adjusted down to 4.4% from 4.8% reported last… https://x.com/i/web/status/1862249594387894694
BREAKING: Investors bought just 16% of homes sold in the US in Q3 2024, the lowest share in 4 years.
This is ~5 percentage points below the record high seen in Q1 2022.
As a result, market share held by investors has declined toward pre-pandemic levels seen in 2019.
In total,… https://x.com/i/web/status/1862175353017602083
The Fed's worst nightmare is officially here:
Today's data confirms ALL 3 inflation metrics are back on the rise.
For the first time since February 2022, Core CPI, PCE and PPI inflation are now rising at the SAME time.
Did the Fed spark a new wave of inflation?
(a thread)
© AlertsPicks.com
