Fed’s next challenge: the unemployment boogeyman

If the economy were just a snapshot, Federal Reserve Chair Jerome Powell should put the current one on his mantle. Strong 2.8% second-quarter economic growth and calmer inflation are the soft landing conditions that should at least temporarily win the Fed some plaudits for its handling of the current inflationary cycle. If the economy were…

Read More

Fed’s Preferred Inflation Measure Shows Mixed Readings, Personal Income, Spending Fall: September Rate Cut Remains Likely

By: The Personal Consumption Expenditure (PCE) price index continued to decline in June as economists anticipated, continuing to bolster the case for a Fed rate cut in September. The PCE — a basket of … See the full article on Personal Consumption Expenditures, or, read more Arizona real estate investing news. It’s your call!

Read More

Arizona’s Proposition 314, Authorizing Local Enforcement Of Federal Immigration Law, Would Face Legal Hurdles If Approved – Cronkite News

Alejandra Gomez, executive director of Living United for Change in Arizona (LUCHA), speaks out about Proposition 314. . (File photo by Stella Subasic/Cronkite … Alejandra Gomez, executive director of Living United for Change in Arizona (LUCHA), speaks out about Proposition 314. . (File photo by Stella Subasic/Cronkite News) Proposition 314 would make it a crime…

Read More