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What We Are Following in the News

President Donald Trump said he is interviewing “three or four” candidates for Fed chair and expects to pick one pretty quickly. https://buff.ly/0ZHCD87

Atmospheric rivers threw a wet blanket on our state's ski season, but chairlifts are finally revving up tomorrow as one major resort opens for the season in a limited way. Meanwhile, another ski hill is working to recover from a 137 mph blast of wind. Here’s where things stand across Washington's snow country as we head into the first weekend of winter. https://buff.ly/y1R9OQk

A quickly growing number of economists are increasingly skeptical of the recent data releases by the Federal government. The titles of analyses of today’s inflation numbers from the Trump administration included “Lost in Translation” from TD Securities, “Delayed and Patchy” per William Blair and “Swiss Cheese CPI report” from EY-Parthenon. https://buff.ly/EiQWYKM

We recently sat down with KUOW to talk about Seattle's cost of living. You may be interested to give it a listen! https://buff.ly/a0MCThk

Atlanta Fed's Sticky-Price CPI Remained Elevated in November. The Atlanta Fed's sticky-price consumer price index (CPI)—a weighted basket of items that change price relatively slowly—rose 1.1 percent (on an annualized basis) in November. On a year-over-year basis, the series is up 3.0 percent.

WSJ let AI run a vending machine in their offices. It decided that selling live fish and Playstations were good ideas. It lost hundreds of dollars but created an interesting discussion about AI agents. https://buff.ly/MUAhqjM