Fed’s Inflation Indicators Flat to Unchanged

Fed’s Inflation Indicators Flat to Unchanged

#inflation #disinflation #Fed #CPI #economy CPI, the Fed’s measure of prices paid by US consumers was unchanged in October, missing forecasts that called for a gainer and indicating light inflation as the medical chaos lingers. The reading on the CPI (consumer price index) was the tamest in 5 months and followed a 0.2% advance in […]

“Unprecedented Situations Require Unprecedented Actions”

“Unprecedented Situations Require Unprecedented Actions”

Unprecedented situations require unprecedented actions. That’s why the Fed should fight a rapidly deepening recession by taking interest rates below Zero for the 1st time ever. When the FOMC holds its regular policy-making meeting next week, all the warning lights will be flashing Red. The unemployment rate is expected to reach 2X digits by June. […]