The Bureau of Economic Analysis announced today that seasonally adjusted U.S. real GDP grew at a 6.9% annual rate in the fourth quarter, more than twice the average growth rate the U.S. has seen since World War II.
Bitcoin’s lost half its value since its recent peak. Could one explain this one’s students, quantitatively? First take a look at the the correlation with the most commonly discussed factor in the recent episode – risk.
We hear a lot about how expansionary US policy has led to accelerated inflation. Is that inflation much faster than what occurred in other regions? Consider the US, Euro Area and UK 3 month annualized consumer inflation rates (calculated as log differences).
Tomorrow, January 20th, EconoFact celebrates its 5 year anniversary, providing non-partisan, incisive analyses on timely and important economic and social policy issues. It does so by bringing to the public debate the expertise of leading economists and social scientists via memos and podcasts.