Iran is now watching its economy unravel in real time. The Statistical Center of Iran reports that GDP collapsed 10.1% during the first quarter of the Iranian...
The Federal Reserve has raised interest rates for the first time in three years, increasing the federal funds target by 25 basis points to 3.75%–4.00%. The...
Consumer prices in the USA rose 0.4% in August, four times July’s 0.1% increase, while annual inflation remained at 3.4%. The politicians will point to that...
The Federal Reserve’s preferred inflation gauge rose again in July, with the headline Personal Consumption Expenditures index increasing 0.2% for the month...
The politicians continue to speak about the Strait of Hormuz as though this were merely a regional dispute between Iran and its neighbors. That is complete...
Wholesale prices were unchanged in July, coming in below expectations for a 0.2% increase. The Producer Price Index was flat after a revised 0.1% decline in June,...
The Consumer Price Index rose just 0.1% for the month after declining 0.4% in June, bringing the annual rate down slightly from 3.5% to 3.4%. Core CPI rose 0.2% and...
Iran International reports that the average advertised monthly rent in Tehran has climbed to 723 million rials, or about $389 at the open-market exchange rate. Many...
The July employment report is not the beginning of a new cycle, nor is it some sudden deterioration that appeared without warning. The labor market has been...
The Federal Reserve voted to leave its benchmark interest rate unchanged at 3.50% to 3.75%, marking the fifth consecutive meeting without a change. Yet the 9–3...
