Joe CarsonSep 13, 2023August CPI Report: Inflation Cycles Are Non-Linear; Rotate; Service Inflation Cycles Hard To Break
Joe CarsonSep 7, 2023Employment Data And GDP Data Don't ComputeThe August employment data and Q3 GDPnow estimates don't compute. In August, payroll employment rose by 187,000, wages rose 0.2%, the...
Joe CarsonAug 22, 2023Inflation-Averaging Framework? Has The Fed Moved the Inflation Goalposts? Has the Federal Reserve abandoned the inflation-averaging target framework it adopted in 2020 and, in doing so, "unofficially" moved the...
Joe CarsonAug 17, 2023"Are We There Yet?" GDPNow For Q3 Tells Policymakers Official Rates Need To Go HigherAre we there yet? Incoming information on the economy tells policymakers they have not achieved economic conditions (below-trend growth...
Joe CarsonAug 1, 2023Nonfinancial Corporate Business: Nearly 100% of Revenue Growth in Early 2023 Driven By Price
Joe CarsonJul 27, 2023Does The Fed Staff Believe In Its Research? One of the more interesting takeaways from the Fed Chair Powell press conference is that the Fed staff no longer predicts or expects a...