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The Terrible Twos: Central Bank Inflation Targets

The March job numbers came in somewhat worse than most analysts had expected. Many are warning that the economy is weaker than they thought. These warnings are in fact good news. They may slow down the Fed's rush to raise interest rates.

Progressive Breakfast

Last Day Of Campaigning In Chicago Chicago votes tomorrow for mayor. Chicago Tribune: "... turnout is expected to go up from the near-record low of 34 percent in the first round, and which campaign drives that increase could determine the election's outcome. Emanuel...

March Jobs Report: Nothing to Celebrate

The March jobs report disappointed. The economy slowed. Pundits will blame it on the weather. But one thing is clear: This is no time for the Fed to be thinking about stepping on the brakes. We're already going too slow.

Progressive Breakfast

BREAKING: Job Growth Weakens In March Monthly net new jobs drops below 200,000. NYT: "The labor market’s yearlong streak of robust monthly job creation was broken on Friday with the Labor Department’s report that employers added just 126,000 workers in March, a marked...

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