The Fed’s Inflation Predictions Are the Only Thing That Isn’t Stabilized
The Boston Fed’s Unusual Inflation Theory The Federal Reserve has consistently maintained that keeping inflation expectations steady is crucial for controlling actual inflation. This theory appears straightforward—essentially, if the public doesn’t anticipate soaring inflation, it’s less likely that inflation will rise significantly. However, a recent study from researchers at the Boston Fed suggests that these […]
CNN Reporter Stunned by Stabilized Food and Gas Prices Under Trump
CPI Report Surprises Amid Trump’s Policies On Tuesday, CNN business reporter Vanessa Yurkevich seemed caught off guard by the energy and food prices for July during President Donald Trump’s tenure. The Consumer Price Index (CPI), which measures overall changes in prices, saw a seasonally adjusted rise of 0.2% in July, as reported by the Bureau […]
Linda Rosenthal paying just $1,573 for five room rent stabilized apartment
Upper West Side Rep. Linda Rosenthal has trumpeted that she has no interest in building any more market-rate housing for New Yorkers, but she is willing to pay only a fraction of the market price for landmark buildings. I have lived in a palatial, rent-stabilized apartment for 40 years. . The Democratic chairman of the […]