The Federal Reserve Is Telling Us The Economy Is Pitiful

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08/07/2014

Fewer than one-third of Americans report being better off financially than they were five years ago, with weak household savings and hefty debt burdens holding back large segments of the economy, according to a new Federal Reserve survey. Continue reading The Federal Reserve Is Telling Us The Economy Is Pitiful

Still No Wage Pressures to Speak Of…And Yet, People Speak of Them… | Jared Bernstein | On the Economy

August 9th, 2014

I don’t plan to publish this wage mash-up every quarter, but given the building and misguided pressure on the Fed to start raising rates to prevent allegedly incipient wage and price inflation, I thought I’d update the previous quarter’s result through the first half of this year.

Continue reading Still No Wage Pressures to Speak Of…And Yet, People Speak of Them… | Jared Bernstein | On the Economy