The latest inflation data from the Bureau of Economic Analysis largely confirm market expectations. The Personal Consumption Expenditures Price Index (PCEPI), which is the Federal Reserve’s preferred measure of inflation, grew at a continuously compounding…
Category:
Economy
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In his final days in office, then-president Biden tried to amend the United States Constitution via executive fiat. “The Equal Rights Amendment is the law of the land,” he wrote. Then-vice-president Harris chimed in, asserting…
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The FBI has long been considered the most powerful and the most incorrigible federal domestic agency. Yesterday, the Senate Judiciary Committee held a confirmation hearing for Kash Patel, President Trump’s nominee to head the Bureau.…
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In recent years, I’ve noticed that two words—”but China”— are often used to parry any argument in favor of limited government. We should cut Pentagon spending. “But China…” A free society shouldn’t ban TikTok. “But…
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By BCX. The Internet of Things (IoT) is revolutionising sectors across Africa and in 2025 IoT is expected to continue driving digital innovation, enhancing operational efficiencies, and enabling the creation of smarter, more sustainable ecosystems.…
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In December, AIER held its inaugural monetary conference, Building a Better Fed Framework, at The George Washington University in Washington, DC. As the Federal Reserve embarks upon its monetary policy and strategy framework review, AIER…
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In October 2024, two of the AIER Business Conditions Monthly indicators fell while one remained at neutral levels. The Leading Indicator fell to 58 from 71, returning to the more neutral levels it occupied in…
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Prices still pinch: The Bureau of Labor Statistics announced the Consumer Price Index (CPI) rose 0.4 percent in December and 2.9 percent over the past year. The major cause was energy prices, which rose 2.6…
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The American Institute for Economic Research’s Everyday Price Index (EPI), calculated and published monthly, rose 0.12 percent to 288.3 in December 2024. This is the first rise in the index after five consecutive months of…
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How much longer will high inflation plague the US economy? Both the Consumer Price Index (CPI) and the Personal Consumption Expenditures Price Index (PCEPI) have grown faster than 2 percent (annualized) every month since March…