The U.S. trade deficit in goods contracted in April as a surge in exports more than offset rising imports, a trend that if sustained could see trade contributing to economic growth in the second quarter.
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How the ‘double scar’ of past inflation woes and geopolitical shocks amid the Iran war is hitting consumers
Mental "scars" reinforce fears of stagflation, when rising prices coincide with declining growth, research finds.
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Fed Chair Warsh's Preferred Inflation Gauge Cools....A Big Pinch of Salt Is Advised
One of new Federal Reserve Chairman Kevin Warsh's favorite inflation measures came in cool again Thursday, offering evidence for his belief inflation is improving and against the view of a growing number of other policymakers that interest rate hikes may be needed to tamp...
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Kevin Warsh's Fed Reforms Won't Be Revolutionary
Kevin Warsh's promised reforms at the Federal Reserve won't be revolutionary. He can tap downforward guidance by eliminating the forecasts Fed policymakers publish quarterly for GDP, inflation, unemployment and the federal funds rate.
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