Latest / The Macro Memo with Fexingo: Daily Conversations on Inflation, GDP, and Federal Reserve Policy
The Demographic Cliff Hitting Western Economies
Western populations are beginning to shrink, creating a structural headwind for public finances and labor markets that no amount of monetary policy can fix. With the unemployment rate rising to four point two percent in September and job openings falling to just over seven thousand, we explore how an aging workforce is redefining growth. Lucas and Luna break down why the traditional model of expansion is breaking under demographic pressure, using the latest PCE inflation data and Fed Funds rates to show where the economy is headed next.
#Demographics #PopulationDecline #LaborShortage…
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