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US CPI decelerates further in March to close 2 year low

Consumer price index grew for March 5% over the past year, reaching the lowest level since May 2021. Nonetheless, Core CPI recorded a 5.6% increase, up from 5.5% in February.

US PCE inflation holds at 2.7% in April as market expected

US PCE inflation held at 2.7% YoY in April 2024 while core inflation maintained its pace at 2.8% for the third months,

US CPI inflation rebounds in Dec to 3.4%

Core CPI inflation continues to decelerate to 3.93%

US labor market cools down further with job openings, hires, quits all drop in...

The March US job opening and labor turnover (JOLT) report shows that job opening rate, hire rate and quit rate all dropped marginally in March, showing further cool down in the US labor market.

Canada unemployment rate rises to 5.8% as labor force continues to grow

Statistic Canada on Friday reported that Canada's unemployment rate rose to 5.8%,, reaching the highest since the start of 2022.

US inflation eases further in February as energy prices drop, PCE index shows

Inflation in the US showed further signs of easing as the yearly growth of core PCE price index slowed to 4.6% in February, while the headline number increased by 5%.

US PCE price index shows zero monthly inflation in May

US PCE price index showed 0% monthly inflation in May, bolstering market narrative that consumption sentiment has weakened in Q2 and helped easing inflationary pressure in the US economy.

Fed-preferred PCE price index accelerated in January

Core PCE inflation rose 4.7% in January YoY, beating expectation of 4.4% increase. The Fed-preferred price index rose 0.6% MoM compared to the market expectation of 0.5%.

US gains 272,000 jobs in May, blows past expectations

US gained 272,000 nonfarm employment in May blew past market expectations of an 185,000 increase. Meanwhile, unemployment rate rose to 4%, which is the highest level since November 2021.

US nonfarm payroll beats expectations in June amid signs of cooling off

US nonfarm payroll increased by 206,000 in June, beating market expectation of 190,000, amid signs that job growth in cooling off as the the Bureau of Labor Statistics revised down the May and April by a combined 111,000 in its report released Friday.

Global Economy

Interviews

Interview with Paul Romer on large scale Covid testing – Transcript

Edited transcript of our interview with Paul Romer, on why the US urgently to scale up testing for Covid-19 and why he thinks the covid-crisis amounts an intellectual failure

A Macroeconomic Earthquake | Q&A with Larry Christiano

In this interview, Prof Christiano shared his view on the development of post-2008 academic macroeconomics. We’ve asked Prof Christiano does he agree that modern macroeconomic models are too complicated for the general public, or even policymakers and if he agrees that economic models should be “simpler”. Does he think the recent revival of ISLM model a “good trend”? Should Macroeconomists hang on their faith in DSGE models? Should they explore alternative paths?

How to Maintain Prosperity for All | Interview with Roger Farmer

Roger Farmer explains : Why central banks should consider stock market intervention in stabilizing the employment markets?

Understanding the Great Recession | Interviews with Larry Christiano |

Larry Christiano, one of the most prominent researcher on DSGE model, explains what his research "Understanding the Great Recession" tell us about the Great Recession as well as labor participation rate's role in the developments of the Great Recession.