The turmoil in the AI industry is further complicating the Fed’s upcoming decision on interest rates.
CPI
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Trump’s Faltering Economy
The seemingly not-too-bad Trump economy is living on borrowed time. Both inflation and employment are getting worse, and the booming stock market is in AI bubble territory.
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The Federal Reserve Is Out of Tricks
Today on TAP: And so is Trump’s maneuver to take over the central bank. Even if he were to succeed, there is no good monetary cure for Trump’s economic carnage.
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Shooting the Messenger at BLS
Today on TAP: Could Trump’s new commissioner, E.J. Antoni, succeed in disguising the worsening economic realities?
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Cooking the Inflation and Jobs Numbers
Today on TAP: There are some genuine problems with BLS methods. A hack Trump appointee is not the answer.