This Week in Ecnomics 29 September 2018
This Week in Economics is real time forecasting and analysis of the previous week's economic activities.The longest running programme of its type on Internet Radio From WBRN Radio over the Bostonred Network (bostonred.org)
Esta semana en la economía es la predicción en tiempo real y análisis de actividades.El económica de la semana anterior programa de más larga duración de su tipo en la radio por Internet y la red Bostonred Network.
Diese Woche in Economics ist Echtzeit-Prognose und Analyse der vergangenen Woche die wirtschaftliche activities.The längsten laufende Programm seiner Art auf Internetradio und dem Bostonred Network (bostonred.org) Episode 497
Key Take away:
Consumer sentiment remained at very favorable levels in September, with the Index topping 100.0 for only the third time since January 2004.
Personal income increased $60.3 billion (0.3 percent) in August according to estimates released today by the Bureau of Economic Analysis. Disposable personal income (DPI) increased $51.4 billion (0.3 percent) and personal consumption expenditures (PCE) increased $46.4 billion (0.3 percent).Real DPI increased 0.2 percent in August and Real PCE increased 0.2 percent. The PCE price index increased 0.1 percent. Excluding food and energy the PCE price index increased less than 0.1 percent.,
Fed's 'neutral rate' guru downplays theory as rates rise
Personal Income and Outlays, August 2018 http://www.bea.gov/system/files/2018-09/pi0818.pdf
What is neutral monetary policy? https://www.frbsf.org/education/publications/doctor-econ/2005/april/neutral-monetary-policy/