The Federal Reserve has two fundamental mandates: maximum employment and stable prices with an upper limit it sets for an acceptable inflation rate! When employment reaches a level that’s known as full and a strong economy results in a shortage of available qualified workers, upward wage pressure can cause the inflation rate to rise. Similarly, when commodity prices […]
Typically the inflation numbers are quoted by the experts ex-food and ex-energy prices because according to them these numbers are too volatile to include! The fallacy of this argument of course is that for the majority of Americans the food and energy component is at the center of our family budgets. To be fair we […]
US Economic Calendar for the Week of August 18, 2014 The economic calendar provided in this article gives the days and times for this weeks key statistical releases that will contain data potentially impacting the direction interest rates and how they may move in the short and intermediate-term. Any move up or down in rates will have an impact on the […]
