Contact Information
37 Westminster Buildings, Theatre Square,
Nottingham, NG1 6LG
Deflation Looms in China as Rebound Continues to Lose Steam
China’s consumer inflation flatlined in June after two months of meager growth, while factory-gate prices fell at their fastest pace in more than seven years.
Last Mile of the Inflation Fight Will Be the Hardest
Lower housing and used-car costs are expected to push down the core index, but progress could then stall so long as the economy doesn’t weaken.
The Job Market vs. Inflation
Federal Reserve rate increases haven’t cooled the job market or inflation as much as investors thought they would. Source link
Jobs Report Keeps Fed on Track to Raise Rates in July
The Federal Reserve is on course to raise interest rates to a 22-year high later this month to combat inflation. Source link
Rebound in Rates Puts Pressure on Banks
U.S. banks are poised for a rebound in unrealized losses on their bond and loan portfolios, after a surge in market interest rates. Source link
DoorDash, Uber Eats, Grubhub Sue New York City Over Wage Law
The companies say new minimum pay rates are based on flawed calculus and will raise consumer prices and limit worker flexibility. Source link
Home-Builder Stocks Are Booming as Homeowners Stay Put
The top three publicly traded builders have seen their share of new-home sales rise from 22% to 31% over roughly the past five years. Source
Jobs Report Will Show Whether Hot Hiring Cooled in June
The strong labor market has fed economic momentum and kept pressure on the Fed to raise rates again as it fights high inflation. Source link
Americans Have Quit Quitting Their Jobs
Listen to article (2 minutes) The surge in Americans quitting their jobs has abated since peaking during the pandemic, another sign that the labor market
Why Interest Rates Don't Cool Inflation Enough: They Hit the Wrong Places
Many prices less affected by monetary policy matter more for cooling inflation, giving central banks reasons to be overly hawkish. Source link