Forecasting a central scenario for the U.S. economy in 2026 appears to be a straightforward exercise. But the probability that this baseline forecast would materialize probably does not exceed 50%: ...
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The economy has 4 problems. The Fed can’t fix them.
Friday’s parade of economic data paints a newly troubling picture of the U.S. economy. Gross domestic product grew just 0.7% in last year’s fourth quarter, half the original estimate, the U.S. Bureau ...
After years of narrowing wage inequality, the workplace has become a tale of two economies again. This time, unlike in the postpandemic period, trends favor the top 25% of the U.S. workforce, whose ...
The Federal Reserve’s policy decisions in recent years have contributed to a worsening of economic inequality in America, and some of the central bank’s policymakers say it’s not a problem they can ...
Hyperbole aside, he’s right: America’s economy is strong. But Trump is missing the point. Affordability, not economic strength, drives voters to the polls. Most Americans don’t care a lick about GDP, ...
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