by | Feb 27, 2011 | Towing
This week we turn the calendar page, and that change brings with it a raft of economic data. Fed Chairman Ben Bernanke will deliver his semiannual monetary policy testimony before Congress, while Wall Street waits on more earn…
by | Feb 23, 2011 | Towing
Having committed itself to ultralow interest rates and quantitative easing, the Fed is now caught in a double bind: Continue those policies and keep pumping money into speculative, inflation-hiking commodity bets — or end them…
by | Feb 22, 2011 | Towing
Given an economy gaining steam and a vast expansion in the money supply, it’s easy to assume a wave of inflation is up next. The causes of inflation, however, are anything but straightforward — which is something investors nee…
by | Feb 18, 2011 | Towing
A new report from the Philadelphia Fed shows America’s manufacturing sector is strongly bouncing back. Not only are firms reporting booming activity, strong shipments of goods and more unfilled orders, but jobs are being create…
by | Feb 16, 2011 | Towing
The Fed’s next consumer price report out Thursday is likely to show a scant 0.3% rate in January. So why does it feel like prices everywhere are climbing noticeably? A different way of measuring inflation from MIT’s Billion Pri…