The dollar’s strength is coming at price for emerging markets, which must pay more to service their external debt.| The Real Economy Blog
First-time jobless claims increased to 230,000 for the week ending April 26, well above our preferred metric, the 13-week moving average of 217,100.| The Real Economy Blog
Despite the recent legislative passage of a 10-year infrastructure investment plan, Congress and the Biden administration are no closer to an agreement on lifting the debt ceiling.| The Real Economy Blog