The recent run of strong growth in GDP is welcome news, but from the perspective of policymakers there are signs that the economy may be approaching its maximum output capacity. In turn, this analysis provides the Federal Reserve with another reason to continue squeezing monetary policy.
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Audio recording seems to link Khashoggi killing to Crown Prince: NY Times
Democrat wins US Senate race in Arizona: CBS
Lawsuits and accusations swirl as Florida recount battle deepens: WaPo
N. Korea maintains secret missile bases, defying promises to US: Reuters
Gaza launches barrage of rockets at Israel: CNN
Amazon chooses New York and Northern Virginia for HQ2 locations: WSJ
SF Fed President: more rate hikes needed with full US employment: MNI
Moody’s: global credit conditions expected to weaken in 2019: P&I
US gasoline prices slide for a fifth straight week: 24/7 Wall Street
Expect rise in number of economic surprises for the US: Vanguard
Crude oil falls for 12th straight session, longest decline on record: Bloomberg