First sighting of Trump II tariff revenue surge
The US government on April 22 received USD 11.7 billion from customer duties in a single day, the first time we can observe a substantial increase in import duties revenue resulted from the new of tariff from the second Trump administration.
BoE thinks this leading indicator can tell us how high UK goods inflation will...
One of the leading indicators Bank of England (BoE) uses to predict the future direction of goods inflation is the manufacturing producer price index (PPI) growth rate. The close relation, however, has broken down in the past year.
US Trade Deficit Stabilizes as Post-Tariff ‘Front-Loading’ Fades
US trade deficit rebounded to USD 56.8 billion in November after recording a USD 29.2 billion shortfall, the smallest monthly since 2009, in the previous month, the US Census Bureau reported Thursday.
Why Fed projects to cut rates next year even it expects failure to reach...
Inflation projections by Fed officials show that PCE inflation will not reach 2% by the end of 2025. Why the Fed expects to cut rate next year then?
This is why the Fed can afford to look through the Iran War energy...
The vacancy-to-unemployed ratio currently stands at 0.91 — meaning there are fewer open jobs than unemployed workers. At the peak of post-COVID labor market tightness, that ratio exceeded 2. This structural difference is the strongest argument the Fed has for looking through the Iran War energy shock.
Debt Growth Rate, not Level, Predicts Slowdown, says BoE’s Broadbent
An important point Broadbent has illustrated is that a high absolute level of debt is not the most worrying sign of economic slowdown. It is the growth rate of debt that we should heed.
Navarro gives Warsh the excuse to hike
Peter Navarro's Fox News op-ed this weekend is, on the surface, a warning about Powell's shadow power over Warsh's Fed. Read differently, it is a permission slip.
