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Economists Don't Believe the Headline
Spencer Jakab, Wall Street Journal Wall Street is dissing disinflation. With all due respect, that may be a mistake. Defined as a decelerating rate of price increases, as opposed to price drops, the current dip in headline inflation is seen as a temporary giveback from the commodity-price spike earlier this year. A consensus of economists sees growth in May producer- and consumer-price indexes, due Wednesday and Thursday, falling to 1.1% and 2.0% year on year, respectively, from 1.9% and 2.3% in April. That would be the slowest pace since October 2009 for producer prices and January 2011 for consumer prices. Read More (Subscription Required)
TARIFF-IED: Trade Talk with Matthew Rooney
Bush Institute-SMU Economic Growth Initiative Director Matthew Rooney breaks down the trade conflict with India.
How Trade Spreads Holiday Cheer
It is projected that the average American household will spend more than $1,000 during the holidays this year.
Deporting Salvadorans May Lead to Economic Decline
We should think carefully about a policy whose major impacts are likely to be reductions in employment and economic activity here at home, and increased instability and lawlessness along our borders.