Welcome to Food Week October 24 – 30, 2022. Shortages of turkey, mangoes and Ukrainian grain. Restaurant service charges are out of control. Tuna is amazing but Elvis wouldn’t allow it in Graceland. But your Halloween candy is safe. Enjoy.
Interest rates heading to 5%. A probable effect of the the Fed raising interest rates is a recession. Many believe there are benefits to recession, including members of the Fed board. Brad DeLong takes this apart.