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Fed Interest Rate Decision Could Hurt Housing
New data from the Census and Department of Housing and Urban Development on housing permits and starts show an uptick in activity.
Article
New data from the Census and Department of Housing and Urban Development on housing permits and starts show an uptick in activity.
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The monthly Consumer Price Index (CPI) is scheduled for release by the Bureau of Labor Statistics on Tuesday, March 14th at 8:30 AM Eastern Time.
Article • Dean Baker’s Beat the Press
Article • Dean Baker’s Beat the Press
Article
When major public investments like these are not properly supervised, inequity, waste and corruption is an inevitable result, and the diverse working class loses out. Rigorous oversight of the IRA’s implementation needs to be a top priority for Biden.
Article • Dean Baker’s Beat the Press
After seeing mostly good news on inflation through the second half of 2022, we are likely to see a more mixed picture in the January CPI.
Article • Dean Baker’s Beat the Press
Inflation can move unpredictably, as we have seen, and a 2.5 percent inflation rate means there is little room for a rise without the Fed having to be worried, but there seems little harm in waiting.
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Most of the data going into the new year suggest that the economy, and the labor market, is still looking very healthy.