Katherine Ann Edwards

Americans deserve a better economy than the one we have.

Americans deserve a better economy than the one we have.

The economy is slowly slowing down.

Most of the job growth we've seen over the last year came from services that do not reflect economic strength, but rather population, things like health care and education services.

And many of our more cyclical sectors are down for the year.

That's not a good sign.

Prices have fallen, but they're a little bit stalled out and not getting down to the inflation target.

And there's been the sense for almost a year now that the Fed is waiting to see which way the economy breaks with prices going up requiring interest rates to rise or the labor market going south requiring interest rates to fall.

They don't have enough data in either direction to be definitive in what is the right move for the economy yet.