Robert Armstrong Good morning. It’s CPI day. There is good reason for optimism that inflation will continue to abate, and not just because of gas prices. But as we like to repeat at Unhedged, there is no such thing as high and stable inflation. There will be more surprises, in both directions, before the current episode concludes.
Resilience in the labour market and falling inflation point to diminishing risk of a US recession, Janet Yellen says Yellen and Chinese Premier Li Qiang are both attending an event in Paris on reforming global […]
Anyone looking for the reemergence of rampant inflation or an impending recession is not likely to find either in the Federal Reserve’s Beige Book released on Wednesday. The summary of economic conditions across the central […]
With inflation at a 40-year high and mortgage rates more than 2% points higher than they were six months ago (and continuing to climb), you might find that now is not the right time to buy a […]
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