U.S. distillers face retaliatory tariffs abroad, but tourism related to whiskey remains a bright spot.
A brief look at some key policy presentations by St. Louis Fed President James Bullard in 2018: on r-star, the Phillips curve, the yield curve, the U.S. growth surprise and monetary policy rules.
Economic reasoning suggests that people should invest heavily in stocks when young and then shift to less-risky bonds as they grow older. Yet U.S. households don’t appear to be following this investment pattern.
Residual seasonality in gross domestic product can make it difficult for policymakers to know whether weak first-quarter GDP growth is due to an actual downturn or a reported number that is understated.