The Ruble under Pressure | Econbrowser
[ad_1] From Politico: The ruble tumbled on Wednesday to its lowest level in over two years, as a mix of low oil prices, new sanctions
Business Cycle Indicators for Biden’s Economy in October
[ad_1] One of the last snapshots of the Biden economy show real consumption and personal income rising, with consumption rising 0.6% (vs. consensus of 0.3%),
Trump 25% Tariffs: Wisconsinites “to get it good and hard”?
[ad_1] President-elect Trump has mentioned a 25% tariff on Mexico and Canada. Time to think about how this would affect Wisconsin, a state that voted
Six Measures of Core Instantaneous Inflation
[ad_1] With the core PCE deflator, we have these measures of what’s happening to core. Figure 1: Instantaneous inflation for core CPI (blue), chained core CPI
When You Hear a Critique of Mainstream Economists, Run
[ad_1] “Trumpflation” Risks Likely Overstated by Lance Roberts via Zerohedge: The question is whether policies being considered by the next Presidential administration will lead to “Trumpflation” or
QCEW Employment Change Y/Y to June 2024
[ad_1] The percentage change is less than that for the CES estimate. Does this mean there are a lot fewer people employed that indicated by
Russia: Policy Rate at 21%, Official Inflation Rate at 10% (m/m annualized)
[ad_1] Locking up the butter in Russia (CNN). Official inflation in October was 0.8% m/m (annualize that and it’s about 10%. That’s the official inflation
Natural (but Stupid) Experiments? | Econbrowser
[ad_1] Since the incoming administration has indicated the deportations will start on day one, I thought it of use to consider the sectoral impacts of
Instantaneous Consumer Inflation in October
[ad_1] Including HICP and nowcasted PCE deflator. Figure 1: Instantaneous inflation per Eeckhout (2023) for CPI (blue), chained CPI (red), HICP (green), PCE deflater (bold
Guest Contribution: “How Institutions Interact with Exchange Rates After the 2024 US Presidential Election: New High-Frequency Evidence”
[ad_1] Today, we are pleased to present a guest contribution written by Joshua Aizenman (University of Southern California) and Jamel Saadaoui (Université Paris 8-Vincennes). This post is