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1 – 10 of 145President Joe Biden turns 81 today. In a country where half the population is younger than 39, most voters would rather not see an electoral rematch between Biden and Donald…
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DOI: 10.1108/OXAN-DB283463
ISSN: 2633-304X
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The Fed insists that subsequent moves will depend on economic developments, but its forecast implies that, although not imminent, another 25-basis-point (bp) increase will happen…
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DOI: 10.1108/OXAN-DB282113
ISSN: 2633-304X
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UNITED STATES: Economic activity will slow in 2023
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DOI: 10.1108/OXAN-ES274258
ISSN: 2633-304X
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The US economy faces a period of slow growth and possibly a short and shallow recession, but this is unlikely to cause a significant weakening of labour markets.
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DOI: 10.1108/OXAN-DB275398
ISSN: 2633-304X
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Worsening sentiment suggests that the US economy will come close to though not technically enter recession (according to conventional US criteria) in the second half of 2022 or…
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DOI: 10.1108/OXAN-DB271835
ISSN: 2633-304X
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UNITED STATES: Fed speeds up balance sheet shrinkage
Core personal consumption expenditure inflation is 4.7% year-on-year, above the 2.0% target. The economy is holding up, with the OECD now forecasting GDP growth of 1.5%, up from…
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DOI: 10.1108/OXAN-DB276878
ISSN: 2633-304X
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An embedded wage-price spiral took hold in the late 1970s; the price of breaking it was almost a decade of high unemployment. Today's situation more closely resembles 1946-48…
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DOI: 10.1108/OXAN-DB273002
ISSN: 2633-304X
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Fed Chair Jerome Powell said in late August that it is important to change the way people consider inflation, noting that when inflation is high, people and firms incorporate it…
UNITED STATES: The job market is slowing very steadily