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Macro & Monetary Policy

Productivity Rose 1.4%—But Labor’s Share Hit a Record Low

Monday, August 10, 2026 | Macro & Monetary Policy America’s productivity engine accelerated in the second quarter—but the gains did…

Aug 10, 2026 6 min read

Macro & Monetary Policy

The Fed’s 9–3 Split Meets a -23,000 Payroll Print: The Rate Map Just Changed

The Federal Reserve entered August divided over whether inflation required another rate increase. Nine days later, the July employment report…

Aug 7, 2026 7 min read

Macro & Monetary Policy

Productivity Rose 1.4%—But Labor’s Share Hit a Record Low

The Fed’s 9–3 Split Meets a -23,000 Payroll Print: The Rate Map Just Changed

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