The Atlanta Fed’s GDPNow could be all over the place, but nothing compares to how gold imports blew it up this time. By Wolf Richter for WOLF STREET. The U.S. Bureau of Economic Analysis (BEA) will release its […]
As retail sales rose despite dropping prices of goods, inflation-adjusted retail sales – adjusted for this deflation in goods – rose even faster: hence the jump in GDPNow. By Wolf Richter for WOLF STREET. Retail sales rose 0.1% in […]
On Tuesday, Atlanta Federal Reserve President Raphael Bostic said he sees little evidence inflation is responding to the actions of the Federal Reserve thus far, and he believes borrowing costs will have to rise before […]
Due to the US economy’s momentum, it should prove possible to tame inflation without incurring significant job losses, according to President of the Atlanta Federal Reserve Raphael Bostic. In an interview with CBS’ face the […]
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