About the best one can say about the April inflation report is that year-over-year metrics appear to have topped while core inflation increased. … READ MORE >
Blog
Why excess labor demand is unhealthy
We believe the imbalance in the labor market should prompt companies to reassess their growth potential, and as a result, their demand for labor. … READ MORE >
The price of war: Risks around the inflation outlook
While we expect the annual inflation rate to peak this quarter as the comparisons to the lower levels of a year ago wear off, the risk of rising prices will remain. … READ MORE >
5 things to know in life sciences: Week of May 2, 2022
From a series of moves by the FDA to sentiment in the biotech funding space, each week we highlight five things to know in life sciences. … READ MORE >
Canada’s unemployment rate falls amid a chronic worker shortage
Canada added 15,000 jobs in April and the unemployment rate fell slightly to 5.2% as the job market remained heated, according to data released by Statistics Canada on Friday. … READ MORE >
U.S. April jobs report: Another month of solid payroll gains
Sustained strength in wages continues to attract workers back into the American labor force which resulted in a net increase of 428,000 in April. … READ MORE >
Fed policy and the natural rate of interest—a delicate balancing act
The current estimate of the natural rate of interest is 0.5%, hardly enough to compensate for the risk of investment. … READ MORE >
FOMC decision: Policy, price stability and balance sheet strategy
The Federal Reserve on Wednesday showed that it intends to achieve price stability, maximum sustainable employment and long-term growth despite the risk of a higher unemployment and a hard landing of the economy. … READ MORE >
RSM US Supply Chain Index: Bracing for more disruptions
Widespread lockdowns in China and prolonged geopolitical conflict in Ukraine will most likely assure another round of supply chain snarls ahead. … READ MORE >
Chart of the day: Manufacturing grew at a slower rate in April
Manufacturing grew at a slower rate in back-to-back months as labor shortages continued to hamper production while demand moderated from January’s high. … READ MORE >