Federal Reserve

Once again, our economy is causing more attention to be paid to the Federal Reserve than normal.  As Atlas has written (click here, here, and her

Concerns regarding economic improvements are growing within the circle of central bankers in Washington D.C.  On Wednesday, the latest minutes from the Federal Reserve were released, and they show some willingness to take on a “wait and see” approach to monetary policy.

Industrial Production surged in November according to the Federal Reserve.  Their measure of all physically produced wares jumped 0.6 percent after a downwardly revised count of minus 0.2 percent (originally +0.1 percent).  During the past twelve months, this indicator is up 3.9 percent.

Industrial production was strong in August 2018 according to the latest data from the Federal Reserve. Output of all physically made wares increased 0.4 percent.  Perhaps more importantly, this uptick was on the heels of July’s upwardly revised tally which also grew 0.4 percent (originally 0.1 percent), and June’s increase of 0.4 percent as well.

Our central bank is charged with a dual mandate.  In short, they are trying to steer the economy toward two seemingly opposing goals: full-employment and steady inflation.  When trying to focus on bolstering employment, the Federal Reserve tends to keep interest rates low which encourages borrowing, thus boosting output and, ultimately, jobs.  Alternatively, during periods of hig

Industrial output edged up 0.1 percent in July 2018 after rising 0.5 percent in June according to the Federal Reserve’s report on Industrial Production.  This indicator is meant to measure everything physically produced or mined in America.  July’s uptick puts the year-over-year tally up 4.2 percent.

Fire and Ice