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July 7, 2024
the economy. inflation remains high but unemployment remains low. jarred bernstein of the presidents counsel of economic advisers will try to explain. 31 years after her judiciary committee testimony against clarence thomas, anita hill talks about the supreme court and her bud, believing, live. and laura proof that speaker pelosi ate one bit afraid of donald trump. >> im gonna punch him out, im going to go to jail, im going to be happy. >> im jonathan capehart, and this is the sunday s...
July 7, 2024
not ones to write home about. 11.3% is the jump in wholesale prices from a year ago and came in lot steamier than economists predicted coming off the -- you know what it feels like when you buy things. consumer prices are up substantially. fastest pace weve seen since 1981 back in reagan years. >> you have to go to art laffer to find that out. white house points out wages are up. here is the deal. wages arent rising at the pace of inflation. you look at a pay cut of 3.6%. >> if you cru...
November 23, 2023
Have a friend or family member with a big blank wall that makes you mutter under your breath, “For the love of everything holy, don’t you have any pictures?”
November 15, 2023
Yesterday's, US October CPI surprised to the downside both in headline (+0.04% m/m SA; consensus +0.1%, Sep +0.40%) and core (+0.23% m/m SA; consensus +0.3%; Sep +0.32%) terms. Shelter accounted for the majority of the downtick in core inflation, but promisingly for the Fed, price pressures in the broader services sector also appeared to moderate.
September 18, 2023
The CPIs year-over-year comparison distorts the true picture of inflation. Shorter averaging intervals show Feds 2% inflation target has almost been reached.
August 5, 2023
An open house will take place at Meadville Market House and two other regional produce markets on Sunday from 10 a.m. to 3 p.m.
August 2, 2023
Edinboro Market, Oil Citys Core Goods, Meadville Markethouse are throwing a big party to celebrate National Farmers Market Week. They received a grant to work together.
July 30, 2023
Real GDP grew at 2.4% in Q2, and that led the majority of forecasters to join the "soft-landing" camp. But weโre not buying it.
July 22, 2023
If you look closely at the far-right side of the chart and squint, you can see that Core Goods (ex-used car prices) and Core Services (ex-shelter) were bothโฆ
July 22, 2023
It appears that, Recession or not, inflation has been quelled. Nevertheless, the Fed is going to raise interest rates another 25 basis points.