That seems like a tall feat right now. |
That sliced off about a half a percentage point in growth. |
That's something that the Fed has signaled it is looking at right now with resources getting stretched in the economy. |
The Achilles heel of the U.S. economy is its dependence on foreign capital...which may be the only way that Europe can keep American unilateralism in check, |
The Achilles heel of the U.S. economy is its dependence on foreign capital...which may be the only way that Europe can keep American unilateralism in check. |
The deficit's probably going to get bigger in the near term. |
The economy in the third quarter had a fair amount of momentum and oil prices were skyrocketing. You are going to see some $60 billion trade figures if for no other reason than the price of oil. |
The headline number was weaker than what people expected. But when you look down into the underlying details, it's not as weak as what that headline number would suggest. |
The import data are consistent with an economy that is struggling to find its footing. |
The insurance payments are going to go away. The outlook remains very bleak. |
The lower cost of Chinese goods means we can spend more on other goods and services. |
The March CPI data, taken in isolation, likely will have very little impact on near-term Fed policy, |
The March CPI data, taken in isolation, likely will have very little impact on near-term Fed policy. |
The markets are reacting to the shock of seeing a jump in import prices. It raises concerns about inflationary pressures, and higher interest rates down the road. |
The only thing that the Fed can do to correct the current- account imbalance is to slow the U.S. economy. If you are adding up reasons for why the Fed will keep on tightening, the current-account deficit is on that list. |