Everyday Economics: Strong on average, carried by a few

Everyday Economics: Strong on average, carried by a few

(The Center Square) – Federal Reserve Chair Kevin Warsh used his first Jackson Hole speech to make his position plain: the economy is strong, the labor market is stable, and

Everyday Economics: Strong on average, carried by a few - The Daily Bo Snerdley

  (The Center Square) – Federal Reserve Chair Kevin Warsh used his first Jackson Hole speech to make his position plain: the economy is strong, the labor market is stable, and inflation is still the problem that deserves the Fed’s attention. On the substance, he is half right – but the missing half is the part that matters. Start with what he gets right. Unemployment is 4.1% and has barely moved in two years. Business investment is growing at it…

'The strength is real. So is the weakness': Fed Chair Warsh misses underlying economic strain as AI boom masks housing, job struggles

(The Center Square) – Federal Reserve Chair Kevin Warsh used his first Jackson Hole speech to make his position plain: the economy is strong, the labor market is stable, and inflation is still the problem that deserves the Fed’s attention. On the substance, he is half right – but the missing half is the part […] The post ‘The strength is real. So is the weakness’: Fed Chair Warsh misses underlying economic strain as AI boom masks housing, job st…