Instantaneous Inflation in November (and October)
[ad_1] Up for CPI and chained CPI. Figure 1: Instantaneous inflation (T=12, a=4) for PCE deflator (black), for PCE deflator market prices (pink), CPI (blue)
The Likelihood of a Plaza Accord 2.0
[ad_1] Mark Sobel at OMFIF discusses the likelihood of an new Plaza Accord to depreciate the dollar. Given one would need Euro area and Chinese
Disingenuousnous Watch | Econbrowser
[ad_1] EJ Antoni/Heritage writes: Another month, another record high for the number of gov’t employees Well, yes. Of course, population is also at a
Who’s Real Wage? | Econbrowser
[ad_1] EJ Antoni writes: Today’s employment data showed further gains in earnings, but cumulative price increases have still far outpaced earnings growth over the last
EJ Antoni Worries about the Gap between CES NFP and CPS Employment
[ad_1] From a X post today: There have been widening gaps between NFP and civilian employment in the recent, which he takes as evidence of
Business Cycle Indicators – Employment for November 2024
[ad_1] Here are some key indicators followed by NBER’s BCDC, including employment for November (227K vs. 202K consensus, 194K vs. 160K consensus, for NFP, and
Guest Contribution: “The Business cycle and Economic Policy Uncertainty in France”
[ad_1] Today, we’re pleased to present a guest contribution by Laurent Ferrara (Professor of Economics at Skema Business School, Paris and Chair of the French Business
DiMartino Booth: “We know many government statisticians are very left leaning in nature…”
[ad_1] (Or, ” I have in my hand fifty-seven cases of individuals…”) At 3:44 into this video, this Ms. DiMartino Booth makes this assertion, claiming
France’s Sovereign Debt Situation: Some Graphs
[ad_1] Here’re CDS swaps and spreads vis a vis Germany over the past year: The credit ratings have been stable for years…until today. Here’s
A Contrarian View on Recession Probabilities: Are We Out of the Woods?
[ad_1] As I have observed before, the explanation for why we have not yet seen a recession’s onset in the data yet could be one