Sac Bee: Mass Layoffs On The Rise
Source: “Sacramento’s wave of lost jobs hits some harder than others”, The Sacramento Bee, July 14, A1
Source: “Sacramento’s wave of lost jobs hits some harder than others”, The Sacramento Bee, July 14, A1
After 17 straight quarter point rate hikes going back to June 2004 the Fed paused on Tuesday leaving the federal funds rate at 5.25% (from 1% back in June of 2004). In this post I want to try and explain…
The Wall Street Journal ran a noteworthy article on Monday (subscription required) citing evidence that middle income consumers are slowing down their spending in the face of high gas prices and a slowing housing market: … Ms. Liebmann [president of…
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A few weeks after each Fed meeting, the minutes for that meeting are released. The minutes are not an actual transcript of what was said but a shamelessly doctored summary. As I tried to explain a couple weeks ago the…