As inflation cooled down slower than expected in January and overall consumer prices rose 0.5 percent compared to the previous month, U.S. consumers showed little signs of frugality. According to preliminary estimates from the U.S. Census Bureau, total…
Despite the surge in consumer prices, Americans haven’t lost their appetite for dining (and drinking) out. That’s according to the latest estimates from the U.S. Census Bureau, showing that monthly sales of food services and drinking places amounted to…
CUSIP: 912796Y78Term and Type: 12-Day BillCMB: YesHigh Rate: 4.540%Investment Rate: 4.610%Price: $99.848667Allotted at High: 28.26%Total Tendered: $94,709,848,000Total Accepted: $25,000,578,000Auction Date: 02/14/2023Issue Date: 02/16/2023Maturity Date…
QT is incrementally improving the transmission of monetary policy by increasing the share of financial assets sensitive to the Fed’s policy rate. Although the policy rate is approaching 5%, trillions of bank deposits continue to offer around 0%. QT strengthens the transmission of policy by mechanically replacing bank deposits with policy rate sensitive Treasuries, and […]
The post Hiking at $60b a Month appeared first on Fed Guy.
That technological revolution sure didn’t last long…………
Four flying objects have been shot down over the United States and Canada since February 4. The first, a 200-foot-tall balloon carrying an equipment-laden gondola the size of a regional airliner, was downed by a U.S. fighter jet off the coast of South …
This graphic charts the rise and fall of consumer confidence across the world over the past three years.
The post Charted: The Global Decline in Consumer Confidence appeared first on Visual Capitalist.
There was further evidence this week that loose financial conditions are working their magic.
In a recent letter, Sundar Pichai reveals more than meets the eye. Here we read between the lines to provide more context into Google’s position on AI
A one year, educational look back through the lens of Super Bowl commercials. The economy was awash in liquidity. Behavior had changed. Would trends continue? Would behavior revert? The Fed’s first rate hike would occur roughly one month later. H/T Steve Beiser. Last year’s Super Bowl commercials – if you invested $10k when they aired […]