The Congressional Budget Office currently expects a deficit of 16 percent of GDP this year:
US-China phase one tracker: China’s purchases of U.S. goods. What is the future of this trade deal?:
According to the so-called “Beige Book” of the Fed, economic activity in the United States is recovering, but remains well below pre-pandemic levels:
How did U.S. households use the stimulus payments?
Consumer Sentiment slightly increased in August according to the survey of consumers done at the University of Michigan:
Some days earlier in August, consumer confidence measured by The Conference Board decreased:
“Unpredictable work hours and volatile incomes are long-term risks for American workers”. Interesting!
Speech by Fed Vice Chair Richard H. Clarida on “The Federal Reserve’s New Monetary Policy Framework: A Robust Evolution”
Here is the text:
And here is the video:
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