The V-shaped pattern in equity prices over the past several months shows how quickly and powerfully monetary policy decisions and pronouncements nowadays influence investor expectations and decisions. The dynamic feedback loop exposes [...]
Global| Apr 29 2019Transparency Has Failed the Fed
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- Global| Apr 25 2019
State Coincident Indexes
The Philadelphia Federal Reserve Bank's estimates of state coincident activity show more idiosyncratic than regional variation; in other words, there isn't a simple picture that the West is outstripping the East. Over the 12 months [...]
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- Global| Apr 19 2019
State Labor Markets in March
For a second straight month, state payrolls were little-changed in March. Washington’s robust increase of 27,900 (0.8 percent) was the statistically significant change. However, most states reported gains in jobs. California and Texas [...]
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- Global| Apr 08 2019
State Personal Income
State incomes grew strongly in the fourth quarter of 2018, according to recently released BEA data. South Dakota, Iowa, and Nebraska, reported double-digit annualized growth rates. New York had the lowest rate of growth, but even [...]
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- Global| Apr 05 2019
Politics Invades Fed Policy: A Replay of the 1970s?
The Fed has a problem; politics has invaded its policy turf. Criticism by President Trump over the Federal Reserve decisions to hike official rates has now escalated to an even higher level as the Administration's top economic advisor [...]
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