Reserve Bank of New Zealand Chief economist Conway:As interest rates have risen, there are early indications that the economy is coolingThe fall in house prices is expected to slow consumptionEra of helpful tradeable...
If we’re generous, the case for arguing that inflation has peaked is mixed. Depending on the indicator of choice, there’s supporting evidence for deciding that worst of the inflation surge is behind us....
Employment-related inflation has peaked. Wages are not coming down but applicants are going to become more plentiful while job openings decrease. And this will put a lid on the acceleration of employment costs.
I’m...
I wanted to highlight a superb Substack blog post by Joseph Politano, an analyst at the Bureau of Labor Statistics. I'm going to briefly summarize article and pepper in my own graphs and...
